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River Global PLC to Acquire Devon Equity Management, Enhancing European Equities Focus

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River Global PLC to Acquire Devon Equity Management, Enhancing European Equities Focus

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River Global PLC Class A ( (GB:RVRG) ) has shared an update.

River Global PLC has announced a conditional agreement to acquire Devon Equity Management Limited, a move that is expected to enhance River Global’s earnings after the first year and deliver cost savings through operational synergies. The acquisition will also bring key Devon personnel into River Global’s leadership, strengthening its expertise in European equities and potentially improving services for Devon’s clients.

More about River Global PLC Class A

River Global PLC is an agile asset and wealth management company that focuses on providing investment services. The company is expanding its presence in the European equities market by acquiring Devon Equity Management Limited, which specializes in European equities and manages assets for clients like the European Opportunities Trust PLC.

Average Trading Volume: 255,604

Current Market Cap: £52M

For detailed information about RVRG stock, go to TipRanks’ Stock Analysis page.

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