Watch Live

Tweet TWEET

N+1 Buys 51% of Brewin Dolphin’s Investment Bank, Expansion Says

N+1, a Spanish investment bank, purchased 51 percent of Brewin Dolphin Holdings Plc’s investment bank, Expansion said, citing N+1 Chairman Santiago Eguidazu.

The current management team of the London-based broker will hold 35 percent of the unit and Brewin Dolphin will keep the remaining 14 percent, the newspaper said.

To contact the reporters on this story: Sharon Smyth in Madrid at ssmyth2@bloomberg.net;

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.