M&A Deals
Wealth manager buys UK financial planning company for £164m
Deal also includes a DFM business
Sipp provider buys Forthplus Pensions
Firm is currently in administration and has £500m AuM
FNZ aims to raise $1bn to boost global expansion
Reports say the firm will use the funds for future acquisitions
Raymond James acquisition of Charles Stanley delayed
Completion date pushed back as firms do not believe they will get FCA approval in time
Private equity takeover of LV= collapses
As rival insurer offers to enter into ‘immediate and exclusive discussions’