Nucleus Financial Group to acquire Curtis Banks for £242m.

Nucleus Financial Group, a financial services provider, agreed to acquire Curtis Banks, a financial services company, for £242m ($293m). "The Board of Curtis Banks is pleased to be recommending the Nucleus Group's offer for the company, which represents a significant premium in cash and offers certain value for our shareholders. Curtis Banks recognises Nucleus' established reputation and strength in the adviser platform market, as well as our shared customer-centric approach and aligned corporate values. We believe that the Combined Group's greater scale, efficient platform, broader product proposition and enhanced ability to invest in technology and service will benefit all stakeholders," David Barral, Curtis Banks Chairman.