01 July 2021
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3 min read
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Martin Gilbert's AssetCo acquires 30% stake in Parmenion
AssetCo, chaired by former Standard Life Aberdeen joint chief executive Martin Gilbert, has acquired a 30% equity interest in Parmenion Capital for £27.8m.
The deal is worth up to £27.8m, which will be paid in cash, with a payment of £20.6m due on completion and up to £3.6m due in March 2022 and March 2023. The acquisition is subject to Financial Conduct...
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