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AssetCo acquires further stake in River and Mercantile amid transition to asset, wealth management business
StockMarketWire.com
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AssetCo said it had acquired an additional 2.5 million of shares in River and Mercantile, an asset management business, for £5.7 million.
AssetCo now held about 5.85% of the issued share capital of River and Mercantile.
The board now intended to change its business strategy to the development of an asset and wealth management business.
At 9:06am: (LON:ASTO) AssetCo PLC share price was 0p at 411p
Story provided by StockMarketWire.com
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