LONDON, UK: AssetCo and its wholly owned subsidiary, River & Mercantile Holdings Limited have reached agreement in principle for the transfer of their interest as corporate partner in RMI, to partners of RMI led by Ian Berry, managing partner of RMI. Partners of RMI have agreed terms with AssetCo and Holdings to continue managing and…
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AssetCo agrees to acquire SVM Asset Management for £10.7mn
LONDON, UK: AssetCo (AIM: ASTO), the agile asset and wealth management company, has reached agreement to acquire the entire issued share capital of SVM Asset Management Holdings Limited, the holding company to SVM Asset Management Limited for a total consideration of approximately £10.7 million, a bourse filing noted. The consideration will be satisfied by the…