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Tavistock backs out of £3.7m IFA acquisition

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UK-based financial advisory firm Tavistock has announced it will no longer acquire Morgan Financial Group Holdings. In January 2022, Tavistock agreed to buy the Bath and Cheltenham-based IFA group for a total cash consideration of £3.7m ($5m, €4.4m) from Corimar Asset Management Fund LP. But less than a month after…

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