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Formation sell-off continues

11th December 2009

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SLIMMED-down Formation Group has continued its sell-off of non-core assets with the sale of the majority of its wealth management activities.The AIM company wants to focus on property development, and having sold its sports and showbiz representation divisions for £20m to a private equity firm, is now disposing of the other businesses.The Hale Barns company said it is selling Formation Wealth Solutions  and "certain of the assets" of its other wealth management business, Wilmslow-based Formation Asset Management,t to We......for the full story register now for free or login below...


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