Ontario Teachers’ Pension Plan has signalled its continued confidence in the UK, snapping up the wealth management group Seven Investment Management for £255 mi
Ontario Teachers' Pension Plan (OTPP) has said it will buy a majority stake in Seven Investment Management (7IM). Investment trust Caledonia Investments (Caledonia) announced it has agreed terms for the sale of its stake in the wealth manager. The transaction is subject to change in control approval by the Financial
Stocks in London are called lower on Tuesday, amid the latest services PMI readings.
UK retail sales bounced back last month following a poor performance in July, according to the latest British.
Caledonia Investments plc (CLDN.L) announced Tuesday its agreement to sell its majority stake in Seven Investment Management or 7IM, a vertically integrated retail wealth management business, to Ontario Teachers' Pension Plan Board or OTPP.
The FTSE 100 closed down 0.20% at 7,437.93 points on Tuesday, after having fallen as low as 0.8% earlier in the session. The index enjoyed a late boost from the energy sector following Saudi Arabia.