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Stock impact report

Legal & General finishes £16m buy-in with John Graham [Yahoo! Finance]

LEGAL&GENL GRP PLC S/ADR (LGGNY) 
NASDAQ:AMEX Investor Relations: merriam-webster.com/dictionary/legal
Company Research Source: Yahoo! Finance
The deal between Legal & General and John Graham has secured the benefits of 172 retirees and deferred members. John Graham Construction is a construction services provider in the UK. Legal & General has an existing relationship with the parent company, GRAHAM, partnering with them on several construction projects in Glasgow, Belfast, and London. Furthermore, Isio server as the adviser to the trustees of the scheme, while legal advice on the transaction was given by Osborne Clarke. Michael Graham, Chair of the Trustees, said: “We are delighted to have made this important step with Legal & General that provides added protection to our members' long-term benefits. Legal & General were a natural and compelling insurer for the Trustees to partner with given the existing strong relationships that exist. I would like to take this opportunity to thank my fellow Trustees and our predecessors, and our advisors, Isio and Osborne Clarke, who worked seamlessly in providing clear advice and Show less Read more
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