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Bravura lines up $148m IPO

Platform technology provider Bravura has kicked off an AUD$148m (£92m) initial public offering of shares in the company. 48 per cent of the company is being put up for sale to new shareholders. Existing shareholders, including management and Australian private equity firm Ironbridge Capital, will hold 52 per cent post-listing. Bravura employees will be able […]

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Schroders takes stake in Best Practice

Schroders has taken a stake in Best Practice and its parent company Benchmark Capital for an undisclosed sum, Money Marketing can reveal. The size of the stake has not been made public, though it is understood to be “significant”. As well as network Best Practice, Benchmark Capital includes chartered IFA Aspect 8, network and chartered […]

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