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City of London Group to acquire Acorn to Oaks for £ 1.4million


The City of London Group (COLG) will acquire 100% of Acorn’s shares in Oaks Financial Services (A2O) for £ 1.4 million.

A2O was founded in 2008 and is a financial services broker with a focus on SME and landlord insurance products.

She made a modest profit of £ 177,000 for the year ended March 31, 2018, and had gross assets of £ 402,000 at that time.

Michael Goldstein, CEO of the City of London Group, says: “A2O fits perfectly into our sweet spot …



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