Wealth and Asset Management
Towry completes Ashcourt Rowan acquisition
Wealth manager Towry has completed the buyout of rival firm Ashcourt Rowan. The bidding process for the acquisition saw Towry increase its offer for Ashcourt Rowan to £120m in March after interest from other parties. Towry agreed to pay 333p per share and a principal amount of 16p in new…
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