Brief: Morningstar To Acquire Wealth Management Platform Provider Praemium's U.K. And International Business

Praemium

21/12/2021 12:38

Dec 21 (Reuters) - Morningstar Inc  MORN.O :
    * MORNINGSTAR TO ACQUIRE WEALTH MANAGEMENT PLATFORM PROVIDER
PRAEMIUM'S U.K. AND INTERNATIONAL BUSINESS
    * MORNINGSTAR INC - CONSIDERATION FOR TRANSACTION WILL
COMPRISE
CASH OF £35 MILLION
    * MORNINGSTAR - CO, PRAEMIUM LIMITED REACHED AGREEMENT FOR
CO TO
ACQUIRE 100% OF PRAEMIUM'S OPERATIONS IN UNITED KINGDOM, JERSEY,
HONG KONG, AND DUBAI

Source text for Eikon:  ID:nPnbfzZ1Ya 
Further company coverage:  MORN.O