interactive investor to acquire Equiniti Financial Services from Equiniti for £48.5m.

interactive investor, one of the UK's largest direct-to-consumer share trading platforms, agreed to acquire Equiniti Financial Services, the direct-to-consumer customer business of Equiniti, for £48.5m. "I am delighted to announce the acquisition of EQ's retail investment business and look forward to welcoming EQi customers to the ii platform, where we hope they will benefit from our no-nonsense fixed fee pricing, commitment to service and continuously developing technology and content," Richard Wilson, interactive investor CEO.