Brewin Dolphin to acquire Duncan Lawrie Asset Management

To complete in first half of 2017

Laura Dew
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Brewin Dolphin is to buy Duncan Lawrie Asset Management(DLAM)for around £28m,increasing the firm's funds under management to £36.1bn.

The deal will comprise a cash payment on completion of £25.5m and a payment to reflect the value of the net assets of the business at that date (estimated at £2.5m). It will be financed from Brewins' own...

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