Wealth and Asset Management
Credit Suisse Agrees to Sell JO Hambro Division for $76 Million
Utilico Investments' 45%-held Bermuda National has agreed to acquire JOHIM CS, the holding company of JO Hambro Investment Management and its affiliates from Credit Suisse. The total cash consideration is £50m and post completion Bermuda National will own 62.5% of JOHIM's issued share capital with the balance owned by JOHIM's…
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