Parabis Group confirms Plexus sale to original founders

People in a contract negotiation

Parabis Group has confirmed it is selling its defendant and consumer law firms to a consortium of private individuals led by two of its original founders.

Andrew McDougall and Tim Roberts are leading the group that has entered into an exclusive deal with Parabis.

As well as the founders' bid, Parabis also considered an approach from law firm Keoghs.

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