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The business has its origins in the share registration business of Lloyds TSB which was bought out from Lloyds by Advent International, a private equity institution, in 2007. [3] The company was the subject of an initial public offering in October 2015. [4] In July 2017 it announced the acquisition of the share registration business of Wells ...
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The company was unprofitable in that year, [5] and by July 2001 its share price had fallen below 25 pence after reaching 415p in March 2000, during the dot-com bubble. [6] Later in 2001, Australian financial services group AMP [ 7 ] bought Interactive Investor for a little over £50m, and its investment platform was merged into AMP's Ample brand.
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Philip Edward Yea (born 11 December 1954) [1] is a British businessman and private equity investor, and the chairman of Equiniti [2] [non-primary source needed] and Mondi plc. [3] [non-primary source needed] He is a non-executive director of Aberdeen Standard Asia Focus plc [4] [non-primary source needed] and Marshall of Cambridge (Holdings) Ltd. [5]
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Fractional shares are a way for investors to purchase stocks or ETFs even when they don’t have enough money to purchase a whole number of shares. For example, if a stock trades for $250 per ...