tiprankstipranks
Marwyn Acquisition Company II Acquires InvestAcc
Company Announcements

Marwyn Acquisition Company II Acquires InvestAcc

Marwyn Acquisition Company II Ltd. (GB:MAC2) has released an update.

Marwyn Acquisition Company II Ltd (MAC II) has announced the binding acquisition of InvestAcc Group Limited, a leading UK pensions services provider, for £41.5 million. The acquisition is part of a strategic plan to become the UK’s foremost specialist pensions administration business, focusing initially on the SIPP segment. MAC II will finance the acquisition through a £30 million raise by placing new shares and will rename itself InvestAcc Group Limited upon completion.

For further insights into GB:MAC2 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskMarwyn Acquisition Company II Announces New Broker
TipRanks UK Auto-Generated NewsdeskMarwyn Acquisition Co. Executes Share Conversion
TipRanks UK Auto-Generated NewsdeskMarwyn Acquisition Company II Reports Major Holdings Change
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!