Morningstar set to buy Praemium platform

21 December 2021

Morningstar is to acquire wealth management platform provider Praemium’s UK and International Business Morningstar reached an agreement with Praemium Limited to acquire 100% of the Australian company’s operations in the United Kingdom, Jersey, Hong Kong, and Dubai, for a cash sum of £35 million (subject to completion adjustments). Announcing the deal, Daniel Needham, president...