Saudi conglomerate invests £233m in UK life insurer
Shortly after it bought a 6.8% stake in M&G
Shortly after it bought a 6.8% stake in M&G
It is the company’s seventh acquisition
Deal could be worth around £1.4bn
It is in ‘exclusive due diligence talks’ for a further seven potential deals
A round-up of people moves and M&A deals across North America
It plans to grow its financial advice offering throughout the UK
Firm now has £1bn in assets under advice
CEO will continue with company as founder steps down
It plans to double in size across the UK over the next few years
Existing fund raising plans broadened to support its growth ambitions
Scheme has ‘generated a great deal of interest’ since its launch in 2021
As he expects M&A activity in the global wealth sector to increase in the near future