M&A Deals
Danske Bank International to sell Luxembourg wealth business
It is the acquirer’s second M&A deal in a week
Martin Gilbert-backed firm buys 30% stake in Parmenion
It sees ‘significant opportunities to develop’ the platform via organic and inorganic growth
Financial planning firm makes fifth acquisition of 2021
Deal brings around £250m in funds under management
AIA buys 25% stake in Chinese life insurer for $1.86bn
Deal allows the group ‘to capture additional distribution channels and customer segments’
Advice ‘consortium’ buys Aussie wealth manager
It is the group’s eighth deal globally