Standard Life Aberdeen (SLA)'s financial planning arm, 1825, is said to be in "exclusive negotiations" to acquire the wealth advisory business of accounting firm Grant Thornton (GT), according to Sky News.
Spokesmen for both SLA and Grant Thornton offered "no comment" on the report. The deal, said to be for approximately £30m, would see roughly 100 employees join 1825 upon completion, including "a handful"...
To tackle liquidity issues
Results published last week
'Heavily influenced by Morningstar'
Odds widened to 2/1