AssetCo has just completed its acquisition of River and Mercantile Group “RMG”, which has resulted in an increase in shares in issue from 8.4m to 14.4m.
RMG has an “established and well-respected equities team that manages around £2.7 billion of Assets under Management. Importantly, the acquisition provides the foundation stone to building a private markets business given its infrastructure investment team.” The Chairman says, “actions are being taken both on cost and building new revenue [to e ....
15 Jun 2022
AssetCo (ASTO LN) - Interims & RMG completion
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AssetCo (ASTO LN) - Interims & RMG completion
AssetCo PLC (ASTO:LON) | 32.5 0 0.0% | Mkt Cap: 46.8m
- Published:
15 Jun 2022 -
Author:
Robin Savage -
Pages:
6
AssetCo has just completed its acquisition of River and Mercantile Group “RMG”, which has resulted in an increase in shares in issue from 8.4m to 14.4m.
RMG has an “established and well-respected equities team that manages around £2.7 billion of Assets under Management. Importantly, the acquisition provides the foundation stone to building a private markets business given its infrastructure investment team.” The Chairman says, “actions are being taken both on cost and building new revenue [to e ....