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The latest announcement is out from River Global PLC Class A ( (GB:RVRG) ).
River Global PLC has announced the acquisition of Devon Equity Management, an independent fund management company specializing in European equities. The acquisition, expected to be completed on October 6, 2025, will see Devon’s team, including notable figures like Alexander Darwall, join River Global. This move is anticipated to strengthen River Global’s European equities franchise and deliver cost synergies, enhancing earnings after the first full financial year. Additionally, key appointments from Devon to River Global’s board are expected to bolster leadership and strategic direction.
More about River Global PLC Class A
River Global PLC is an agile asset and wealth management company focused on expanding its operations through strategic acquisitions. The company operates in the financial services industry, specifically in asset and wealth management, and aims to enhance its market position by integrating new businesses.
Average Trading Volume: 151,380
Technical Sentiment Signal: Strong Sell
Current Market Cap: £52M
See more insights into RVRG stock on TipRanks’ Stock Analysis page.