Tenet acquires BBB but still unsure on Weston

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Tenet has announced it has completed a deal with Berkeley Berry Birch (BBB) to take over the activities of its major subsidiary companies.

The deal with Tenet see it acquire the following businesses: BIA Berkeley Direct Berry Birch & Noble Financial Planning Ltd. MacRobins will become an Appointed Representative of Interdependence and although previous speculation included the potential purchase of Westons, BBB are in separate discussions regarding the national IFA. BBB says it will use the funds from the sale of the businesses and their related assets to meet the Group’s liabilities to its creditors and the subsequent wind down of the business, although as yet there has been no indication as to how much it has sold i...

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