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Exchange sale sanctioned

The acquisition of Marlborough Stirling by Vertex Data Science has been sanctioned by the high court of justice.
Marlborough Stirling is the parent company of IFA portal The Exchange.
Vertex, a subsidiary of United Utilities, bought the company in March for 95.3m.
It is expected to take control from 12 May.

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Our panel discuss whether recent hikes in fund charges can be justified and predict where value will come from in the next 12 months.

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