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IN BRIEF: Fintel to buy Threesixty Services for undisclosed sum

28th Jun 2024 11:02

Fintel PLC - Huddersfield, England-based provider of technology and support services to UK retail financial services sector - Agrees to conditionally buy Threesixty Services Ltd, a provider of compliance and business support services to over 900 independent financial adviser and wealth manager firms from abrdn PLC. Fintel does not disclose financial details.

Fintel Chief Executive Officer Neil Stevens says: "We believe that Fintel is the natural home for the threesixty team and clients. We have been committed to supporting professional advice firms for over 20 years, and our group aims to operate the strongest independent brands and most prestigious services, software and data offerings in the market."

Current stock price: 306.00 pence each, down 0.3% on Friday morning in London

12-month change: up 60%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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