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Interactive Investor completes acquisition of Alliance Trust Savings

Combined £36bn AUA

Julian Marr
Julian Marr
clock 01 July 2019 •
“With the keys to the door, we can start to lay down plans" - ii's Richard Wilson
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“With the keys to the door, we can start to lay down plans" - ii's Richard Wilson

Interactive Investor (ii) has completed its £40m acquisition of Alliance Trust Savings (ATS) from Alliance Trust, after receiving the necessary regulatory approvals.

The completion of the acquisition, which was first announced in October 2018 and included the Alliance Trust office building in Dundee, brings together the two largest fixed-price retail investment platforms...

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