Wealth manager acquires Kent advice firm
Company is at ‘exclusive due diligence stage’ for five deals
Company is at ‘exclusive due diligence stage’ for five deals
Insurer suggested a ‘three-way’ sale discussion including the US private equity acquirer
Reports that PE firm and rival mutual could split up the business after deal is finalised
Acquirer has ‘a strong pipeline of high-quality UK opportunities under negotiation’
Deal to close on 30 November 2021
A round-up of people moves and M&A deals across North America
Deals add £362m in assets under advice
‘There can be no assurance that a transaction will materialise from these discussions’
Refutes suggestion that it was not the ‘best financial outcome’ for members
MP alleges that rival bid could have saved insurer from demutualisation
It is the first company to join the scheme
Company’s private equity owner will reportedly launch an auction during 2022