Wealth and Asset Management
Investec Asset Management Employees Buy Stake for $269 Million
Investec Plc, the owner of a bank and money manager in South Africa and the U.K., said senior employees of its asset-management unit will buy a 15 percent stake in the operation for 180 million pounds ($269 million). The buyers, led by Investec Asset Management Chief Executive Officer Hendrik du…
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Click here to read the full story: Bloomberg