Interactive Investor is set to acquire Alliance Trust Savings from Alliance Trust for £40m.

Interactive Investor is set to acquire Alliance Trust Savings from Alliance Trust PLC for £40m. This is another important step in our ambition to build the UK's best investment platform. The acquisition brings together the country's two largest fixed price providers, adding significant scale to ii, and reinforcing our ability to deliver excellent choice, value and service to all our customers." Richard Wilson, Interactive Investor CEO