Wealth and Asset Management
Caledonia Investments to sell stake in wealth manager 7IM for $321.5 mln
Caledonia Investments said on Tuesday it would sell its majority stake in wealth manager Seven Investment Management (7IM) to Canada's Ontario Teachers' Pension Plan Board for about 255 million pounds ($321.5 million). The deal furthers the consolidation in Britain's money management industry as private equity firms look to snap up…
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Click here to read the full story: Reuters