M&A Deals
WH Ireland shares soar as it confirms Kuwaiti investors link
WH Ireland shares soared after the City broker confirmed rumours that Kuwaiti European Holdings (KEH) was looking to acquire a stake in the business.
Standard Life acquisition of Almary Green called off
Standard Life subsidiary 1825 has confirmed that discussions to buy Norwich-based independent advice firm Almary Green have ended by “mutual agreement”.
Phoenix in ‘advanced’ talks to buy Abbey Life for £800m
Closed book pension provider Phoenix Group has confirmed it is in “advanced” talks with Deutsche Bank about the acquisition of life company Abbey Life.
UK-based LJ Partnership acquires HK advice firm Guggenheim
Global investment management business LJ Partnership has acquired Guggenheim Investment Advisors (Hong Kong) from Guggenheim Partners, having already bought the firm’s advisory businesses in Geneva and Miami.
Barings merger creates giant global fund
Four MassMutual affiliates have been merged under the Barings brand to create one of the world’s largest asset management organisations with AUM of more than $275bn (£207bn, €245bn).