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Pension SuperFund to acquire STM Group for £35.6m

Photo by Eyleen Gomez

The STM Group, a Gibraltar-based pension services provider and parent company of Options Pensions, has reached an agreement to be acquired by Pension SuperFund Capital for £35.6million. Pension SuperFund’s purchase of STM through Bidco, which was formed for the purposes of the acquisition, could rise to £39.8m if the deferred consideration reaches its full value....

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