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Birmingham Post
Birmingham Post
Business
Jon Robinson

Rathbones agrees £839m deal to buy Investec wealth arm

Liverpool-based wealth management giant Rathbones has agreed to by a division of rival Investec for £839m.

The deal for Investec Wealth & Investment UK will create a group overseeing £100bn of assets.

It includes Investec’s wealth and investment businesses in the UK and Channel Islands but not Switzerland-based Investec Bank and the international wealth arm.

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