| Family-owned Lenlyn to offload ICE, one of the world’s largest bureau de change businesse, and its sister brand, Raphaels Bank. International Currency Exchange, one of the world’s largest bureau de change businesses, is up for sale just weeks after rival Travelex was sold to the owner of UAE Exchange for £1bn.
ICE, and its sister brand, Raphaels Bank, have been placed on the block after their parent company hired KPMG to sell them. Lenlyn Holdings, the family-controlled company which owns the pair, hired the accountancy firm to run an auction for the two brands following what is understood to have been a beauty parade of eight potential advisers...........................................Full Article: Source
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