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PSF Capital has acquired international pensions firm STM Group via its acquisition company Bidco
Pension Superfund Capital (PSF Capital) has acquired international pensions firm STM Group for £35.6m via Jambo SRC (Bidco), with the cash consideration valued at 60 pence per share.
Bidco, which was formed earlier this year for the purpose of this acquisition and is funded by PSF Capital, said the deal will help to "create a more scalable platform" for consolidation and help a...
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