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Swiss giant snaps up St Albans DFM for ‘UK springboard’

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Swiss financial services firm VZ Group has taken a 50.1% majority stake in St Albans-based boutique Lumin Wealth for an undisclosed sum, and aims to acquire the remaining shares in five years. VZ’s chief executive Matthias Reinhart said the deal would act as ‘an ideal springboard’ for the Zurich-based financial…

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