The regulator has approved the acquisition of AFH Financial Group by US-based private equity company Cortina Bidco in a deal worth £231.6m.
In a note to the stock exchange, AFH said that Cortina Bidco, a newly incorporated company indirectly controlled by funds managed by Flexpoint Ford, had gained Financial Conduct Authority approval for...
£550m deal will not progress
Ambitious growth plans
Private equity investor and NW advice business
Further 15 hires planned this year
New planner at Chartered firm
Five key points
400 to be made redundant
Wealth manager also considering sale
'On the surface, flat-rate tax relief is very appealing'