M&A Deals
Kingswood CEO David Lawrence resigns with immediate effect
A process to appoint a permanent CEO will commence shortly
Utmost Group to acquire Lombard International adding £43bn AUA
It will be financed through a £200m bank loan, with remainder covered by existing cash reserves
Investment | 1 Jul 24
Nucleus expands operations with completion of Third Financial acquisition
The Nucleus group now has £97bn of assets under administration (AUA) Third Financial’s software service supports the administration of a further £40bn of assets, the company said.
Investment | 27 Jun 24
Investment Trust giants Alliance Trust and Witan merge in £5bn ‘blockbuster’ deal
A blockbuster deal hits the investment trust market
GSB agrees strategic partnership with Jersey-based platform Flagstone International
The platform offers a web-based platform that connects depositors with licensed deposit-taking institutions