Incapital acquires Blue Sky Asset Management
Incapital, the US securities and investment banking firm, has acquired UK plan manager Blue Sky Asset Management in a move to expand its structured product offering. The deal will see Blue Sky merged into the structured product specialist's London-based subsidiary, Incapital Europe.
Blue Sky's book of plans will be transferred over to Incapital Europe and will have ongoing service to maturity and beyond. Any plan in ‘open offer' will continue as a Blue Sky plan, until shortly after its strike
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