News / Stock

Wealth Management: Understanding Brewin Dolphin & Investec Plc: exclusive talks for an agreement. For Alphie a brilliant trend for many stocks in the sector.

Apr 15, 2019 - 14:50 GMT+0200

The British investment company, Brewin Dolphin, is in negotiation to acquire the wealth management business of Investec Plc, based in Ireland. Brewin Dolphin, which manages 35bn GBP of assets, confirmed its potential acquisition on Sunday 14 April, adding that it is still uncertain if it will happen. The newspaper, The Sunday Times, reported that Brewin Dolphin is in competition with Allied Irish Banks (AIB) and Rathbones to acquire the company, specifying that the transaction would cost over 60m EUR. The integration of the Irish fund would mark the second Brewin Dolphin agreement in Ireland in less than 10 years. In…

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