Wealth and Asset Management
Gresham House ups stake in Brooks Macdonald on takeover hopes
Gresham House Asset Management has upped its position in Brooks Macdonald on the view that the wealth firm’s weak share price makes it ripe for a future takeover. The asset manager now owns 5.6% of Brooks Macdonald’s shares, a stake worth around £18m, after passing the London Stock Exchange’s 3%…
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