Brewin Dolphin is in talks with Investec regarding the sale of Investec's wealth management business in the Republic of Ireland, the firm confirmed over the weekend.
The discretionary wealth manager, which has a market cap of almost £1bn and around £42bn in assets under management, confirmed it is in "exclusive discussions" with Investec about acquiring its private client stockbroking business, which is said to be back on the market at €60m. Brewin Dolphin hires Coutts' Rawlinson as wealth director "Discussions are ongoing and there can be no certainty that a transaction will be agreed," Brewin Dolphin said in an RNS note. "A further announcement will be made if and when appropriate." The deal would boost Brewin Dolphin's presence in Ireland, h...
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