Royal London to resurrect bid if LV= sale collapses?
‘Case for demutualising is very weak’ when there is an ‘alternative, equivalent option’ to retain status
‘Case for demutualising is very weak’ when there is an ‘alternative, equivalent option’ to retain status
There ‘can be no certainty’ that the talks will ‘result in a transaction’
A round-up of people moves and M&A deals across North America
Founder of acquired business will retire after the deal
It will ‘continue to invest in the transformation and growth of its wealth management’ arm
Firm says that it is ‘building a business, not buying one’
As it creates two segments focussing on HNW and affluent clients
Deal adds more than £150m in funds under management
But platform says it is ‘open to engagement at an appropriate valuation’
To help the firm ‘continue its clear and established acquisition strategy’
In a bid to bolster its digital offering
Three factors are driving the increased activity