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Close Brothers has acquired Cavanagh Group, the wealth management firm with 60 financial advisers in eight offices, for £26m.
Close Brothers has sold its Cayman Islands trust, fiduciary services, fund administration and banking business to Intertrust Group for £21m.
Close Brothers has sold its fund administration, asset management, offshore trust and banking operations in Jersey, Guernsey and the Isle of Man to Kleinwort Benson Channel Islands for £29m, with the transfer of 350 staff.
Close Brothers is to acquire the invoice financing loan book of GMAC Commercial Finance for a net value of up to £4m, with the transfer of 23 staff.
Close Brothers is to sell its Close Growth Capital private equity division to management.
Close Brothers is to sell its London-based financial advisory business to Daiwa Securities of Japan for £67m, with the transfer of 200 staff.
Close Brothers has acquired Commercial Acceptances Group for £31m and Amber Credit for £2m, in order to expand its banking subsidiary.
Close Brothers is to set up a new subsidiary in London to offer small and medium-sized German companies to UK investors, employing a small sales and trading team.
Close Brothers is to acquire Seydler, the German market maker and broker, for £17m.
Close Brothers has acquired the commercial asset finance operations of Cattles for £70m.
Close Brothers is looking to invest £100m of its new private equity fund in Scottish companies, in order to benefit from 3i's decision to scale back its Glasgow-based operation.
Close Brothers is to expand its investment banking operations in the US by forming strategic alliances with Harris Williams and Chanin Capital Partners.
Close Brothers Private Equity and International Flavours & Fragrances have acquired the Bush Boake Allen site in Widnes, which produces fragrances and agricultural chemicals, securing the future of 80 jobs.
Close Brothers is to provide £5m of funding to A-Z Restaurants for the development of eight new restaurants over the next two years.
Close Brothers is acquiring 80% of Olim, the fund management company, for £10m, and has also announced plans to buy Braemar Finance.
Close Brothers is set to acquire Warrior Group, the provider of financial services to the armed forces, for about £21m.
Close Brothers is acquiring Rea Brothers Group, the private banking concern, for £47m, which will take it into offshore banking and trust management for the first time.
Close Brothers is acquiring the continental European operations of the US securities house Hambrecht & Quist, as H&Q has decided to concentrate its European business in London.
Close Brothers has acquired a majority stake in Freyberg Hambros, the German corporate finance house, in order to set itself up as a leading adviser to medium-sized companies in Germany and Austria.