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Alliance Trust to buy Stocktrade from Brewin Dolphin

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Brewin Dolphin hasannounce the sale of its Stocktrade business to Alliance Trust Savings for £14m in cash, payable in full upon completion. Based in Edinburgh, Stocktrade is an execution-only division of Brewin Dolphin, and as at 28th September 2014, the business had Assets under Administration of £4.3bn1.  For the year…

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