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Merchant group changes management

Merchant House Group, the financial services business where former Rangers owner Craig Whyte has a major interest, has overhauled its senior management and announced a funding injection of up to £2 million.

The group, which includes structured product specialist Merchant Capital and IFA arm Merchant House Financial Services, says it has secured a £1.35m working capital loan from turnaround specialist Beia Capital along with a share subscription and loan from Beia Investment Partners.

Contextual targeting label: 
Finance

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