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Treasury Group shares surge on merger news

Shares in Australian fund manager Treasury Group have surged more than 9% following news of a merger with US-based investment business Northern Lights Capital Partners.

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Read more: Treasury GroupTreasury Group sharesNorthern Lights Capital PartnersAndrew McGillInvestmentNorthern Lights Capital GroupAustralian Securities ExchangeBNP Paribas Capital PartnersFour Northern Lights nomineesFranceGilles GuerinJeff VincentLaird NortonMike FitzpatrickNorthern Lights co-founders Tim CarverNorthern Lights shareholdersOctober 2014Paul GreenwoodTreasury Group stocksTuesdayUKUS