Private equity-owned James Hay buys rival Nucleus for £145m
Nucleus will eventually re-platform
Nucleus's largest shareholder Sanlam has agreed to the deal.
James Hay has reached an agreement to acquire AIM-listed rival platform Nucleus for £145m.
The acquisition would create an adviser platform company with £45bn of assets under administration. Nucleus said its medium-term ambition was to re-platform to FNZ technology to align itself with James...
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