M&A Deals
UK financial planner agrees M&A deal with IFA firm
It will bring over £160m in funds under management to the group
Generali to buy Axa Malaysia businesses
It will acquire stakes in two insurance joint ventures for around $166m
UK wealth manager eyes $2bn US Spac
It had already tried to sell the business in 2018
Over 80% of advice firms globally lack a ‘defined M&A strategy’
But nearly half want to execute a merger or acquisition over the next 24 months
IFA firm acquires Surrey-based financial planning business
Deal adds around £250m assets under management to the group