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Wednesday 30 June 2010

Fw: Breaking Insolvency News: RSM Tenon swoops on Vantis


Andrew Cawkwell
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From: insolvencynews <insolvency@dynamail.co.uk>
To: James Atkinson
Sent: Wed Jun 30 11:21:46 2010
Subject: Breaking Insolvency News: RSM Tenon swoops on Vantis

insolvencynews - Breaking News

 

RSM swoops on Vantis

RSM Tenon has this morning announced a £6.8m deal to snap up assets from struggling rival Vantis.

The fully listed accounting firm said it will acquire the London, Epsom, and Leicester advisory offices, the national Financial Management operations and the Thames Valley recovery office, including 300 staff from Vantis administrators Chad Griffin.

The deal is expected to add an estimated £27m to the company’s annual fee income and will mean the firm will become a top 20 IFA firm. Full story 

Primrose Associates investigated by police

Primrose Associates is being investigated by the City of London Police over fears £4m of clients money has been lost, the collapsed firm’s liquidator told Insolvency News. Full story 

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