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...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year
The chairman looks to bridge the pensions gap