Jersey fund persists in its bid to acquire Tavistock Investments
The wealth firm previously rejected an offer which it said ‘undervalued’ the business
M&A Deals
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UK wealth manager acquires Yorkshire-based advice firm
As it eyes another M&A deal ‘in the coming months’ to tap into an ‘under-advised market’
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VP Bank acquires minority stake in Chinese wealth firm
As the companies agree to set up Hong Kong platform
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Schroders buys remaining minority stake in wealth manager
In a bid to ‘expand’ its offering in the UK advice market
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UK financial planner makes second M&A deal of 2021
It brings in £200m in funds under management
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‘Challenger’ wealth firm eyes IFA acquisitions
After the company raised £11.3m in its latest funding round
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Insurance giant sells off Poland operation for €2.5bn
This ‘concludes the planned refocus of the group’s portfolio’ after it made £7.5bn from 8 deals
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UK wealth firm says it’s ‘often challenging to get deals’ done
Advice M&A market is ‘incredibly active and competitive’ with ‘principals that genuinely want to sell’
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Insurance group buys Bank of East Asia life arm
Companies have also entered into a 15-year bancassurance partnership
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STM Group sells Gibraltar trust business for £2.45m
Proceeds will be used to ‘fund organic growth opportunities and further support’ its M&A strategy
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UK wealth manager hits back after £15.2m bid refused
Approach letter was ‘unsolicited’ and ‘non-binding’ and proposal ‘significantly undervalued’ the firm
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UK wealth manager rejects £15.2m bid
Would-be acquirer believes shareholders ‘deserve the opportunity to decide on the merits of any offer’