UK - Syndicate Asset Management (SAM) has announced that its subsidiary Ashcourt Holdings has acquired LAinvest Limited, a UK-based fund manager, for £1.2m.
Approximately 50% of the sum will be paid in cash upon completion of the deal, expected to occur on April 28 2006. LAinvest has approximately £60m AuM. The acquisition of LAinvest is the fift...
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