A Manx financial services company says it's brought forward plans to buy out a UK finance firm.
Manx Financial Group already owned just over 50 per cent of Payment Assist Limited, and says it's now bought the remaining shares in the company for £5 million.
MFG says it originally bought 50.1 per cent in 2022, and planned to acquire the rest of the shares by the end of December.
By buying the remainder early, Manx Financial says it'll save up to £4 million in future dividends.
Regulator wants views on fit and proper guidance
Hygiene events for the hospitality industry
Business support session in Douglas today
Book your place for graduate career fair
Bank deposits rising, says regulator
Island maintains 'medium high' risk level for money laundering
New motorsports bar advertises for staff in countdown to TT