M&A Deals
Bain Capital buys 25% stake in Indian wealth manager
PE firm was previously blocked in its attempts to acquire UK insurer LV=
Financial planning firm makes first acquisition
It will ‘continue to seek out further strategic’ deals
Brewin Dolphin sold for £1.6bn
To create a ‘market leader’ with £65bn in assets under management
Nucleus sold for second time in a year
PE acquirer also holds a 22% share in Canaccord Genuity Wealth Management UK
New Zealand advice firms merge
Combined company will have NZ$1bn in funds under management