Reuters logo
BRIEF-Alliance Trust unit buys stockbroking business from Brewin Dolphin
May 14, 2015 / 6:37 AM / 3 years ago

BRIEF-Alliance Trust unit buys stockbroking business from Brewin Dolphin

May 14 (Reuters) - Alliance Trust Plc

* Alliance trust savings accelerates its strategic ambitions through acquisition of stocktrade from brewin dolphin

* Acquisition of stocktrade has potential to significantly increase ats’ assets from £7.2bn to over £11.5bn and ats’ customers from 57,000 to over 105,000

* Acquisition of stocktrade by alliance trust savings for £14 million * increases scale substantially, providing access to up to 48,000 new customers and deliver up to £4.6 billion in additional assets under administration Source text for Eikon: Further company coverage: (Reporting By Sinead Cruise)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below