Morningstar to buy Praemium's UK and international business for £35m
Morningstar intends to acquire wealth management platform provider Praemium’s UK and international business.
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Morningstar intends to acquire wealth management platform provider Praemium’s UK and international business.
Morningstar has bought UK and international platform Praemium for £35m, subject to regulatory approval.
/PRNewswire/ -- Morningstar (Nasdaq: MORN) and Praemium Limited (ASX: PPS) have reached an agreement for Morningstar to acquire 100% of Praemium's operations...
Australia-headquartered platform provider Praemium has agreed to sell 100% of its operations in United Kingdom, Jersey, Hong Kong and Dubai (International Business)...
Acquirer will 'bring its global footprint and investment scale to better serve the interests' of clients