Close Brothers Group has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity ...

The sale of Close Brothers Asset Management (CBAM) to funds managed by Oaktree Capital Management is expected to be completed ...

Close Brothers Group Plc has agreed to sell its wealth unit to Oaktree Capital Management for an equity value of as much as ...

Close Brothers' shares are down by around a third since the Financial Conduct Authority announced in January that it would ...

Revenue: UK£926.8m (up 15% from FY 2023). Net income: UK£89.3m (up 10% from FY 2023). Profit margin: 9.6% (in line with FY 2023). EPS: UK£0.60 (up from UK£0.54 in FY 2023). Cost-to-income ratio: 71.0% ...

Close Brothers Group PLC (CBGPY) reports significant growth in key financial metrics and strategic moves to strengthen its ...

Oaktree Capital Management has agreed to buy Close Brothers Group’s wealth management unit Close Brothers Asset Management (CBAM) for up to £200 million ($265 million; €237 million).

Close Brothers will sell its asset management arm to Oaktree in a deal worth up to £200mn. The sale of Close Brothers Asset ...

LONDON, Sept 19 (Reuters) - Close Brothers Group (CBRO.L), opens new tab has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity firm Oaktree Capital ...

Close Brothers agreed to sell its wealth-management business to funds managed by Oaktree Capital Management for an equity value of up to 200 million pound ($264.2 million) as it works to trim ...

The bank said it had sold Close Brothers Asset Management to Oaktree Capital Management in a deal which could rise to £200m ...

Close Brothers has agreed to sell its asset management branch to Oaktree for £200m, with the deal expected to complete early ...