Law Firms
Macfarlanes advises Chrysalis on £390m sale of Embark to Lloyds
As part of the deal, Embark will become part of Scottish Widows, Lloyds’ pensions arm, with the acquisition seeing Lloyds procure around £35bn of assets under administration on behalf of 410,000 consumer clients
Macfarlanes has advised UK-listed investment management company Chrysalis Investments on the sale of investment and retirement platform business Embark Group to Lloyds Banking Group for £390m.
As part of the deal, Embark will become part of Scottish Widows, Lloyds’ pensions arm, with the acquisition seeing Lloyds procure around £35bn of assets under administration on behalf of 410,000 consumer clients.You'll need to
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