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Frenkel Topping Group PLC - Manchester-based professional and financial services firm focused on asset protection - Agrees partnership with new Liverpool major trauma centre Alder Hey Children's Hospital via Cardinal Management Ltd after competitive bidding. Frenkel Topping acquired Cardinal in January last year. Cardinal works in close partnership with nine NHS Major Trauma Centres, including Alder Hey, to provide a major trauma signposting partnership support service. Frenkel Topping says Cardinal acquisition aims to "provide a clear and direct link to claimants and their professional representatives...after serious injury or illness", and that the Alder Hey partnership will "[enable Cardinal's] complex welfare support to reach a greater number of patients." Adds that Cardinal's strong performance means that its "successful claims and cases coming to settlement will increase, in turn driving further growth in [assets under management]."
Chief Executive Officer Richard Fraser says: "The addition of Alder Hey to Cardinal's portfolio of major trauma centres is testament to the incredible care the Cardinal team delivers inside major trauma centres to patients in the most difficult of circumstances.
"It will also allow the Frenkel Topping Charitable Foundation to extend its bedside assistance fund to the major trauma team at Alder Hey," he adds.
Current stock price: 69.15 pence
12-month change: down 11%
By Emma Curzon, Alliance News reporter
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