The company, which Goldman Sachs took a 10% stake in the company in November 2007, remains predominantly owned by its founder and executive chairman Peter Cruddas.
As a private company, CMC is able to control the news flow about it to a far greater extent than those which are listed, particularly when it comes to anything that could potentially portray it in a bad light.
So while it was happy to release a stellar set of figures for the year to the end of March 31, 2008, it appears reluctant to comment on the rumours that it has just embarked on a global redundancy programme, which will include the departure of a senior director in its London office
In its last financial year, CMC reported that its revenue rose 64% to £181.4
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
