Last year private equity back advice business Socium Group withdrew its offer to buy Beaufort after the two companies were unable to agree terms.
Goldthorpe said: "With our other negotiations we just didn’t get to the point where we are now. Where we really understood what each side was aiming to do.
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"If you are not seeing things in the same way, you just have to be grown up about it and say it isn’t working. Solomon saw things the same way we did."
damian.fantato@ft.com
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