R&M offered mergers and deals as share price rockets

Premier Miton and AssetCo are said to both be eyeing up deals

Professional Pensions
clock • 2 min read
River and Mercantile has now had seven years of consecutive AUM growth
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River and Mercantile has now had seven years of consecutive AUM growth

Premier Miton Group has approached River and Mercantile (R&M) about a merger that could create a business with more than £18bn in assets, while AssetCo has confirmed it has made an offer to the firm.

Premier Miton suggested the merger after R&M confirmed it was selling one of its two divisions to shareholders. Since the London Stock Exchange opened this morning, the firm's share price has risen...

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