Wealth and Asset Management
European Wealth sells 48% stake to duo in £9m fundraise
A Mauritian asset management firm and a property company have bought major stakes in European Wealth. The AIM-listed wealth management firm revealed in a stock exchange announcement that it is issuing around 48 million shares at 12.8p each in a bid to raise net proceeds of £8.8 million. Mauritian-based Astoria…
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