Extension given for River and Mercantile takeover talks

Discussions ongoing with Premier MIlton and AssetCo over potential acquisition

clock • 1 min read
AssetCo's James Campbell

AssetCo's James Campbell

The board of River and Mercantile Group has agreed to an extension to the date by which AssetCo and Premier Miton are required either to announce a “firm intention” to make an offer of acquisition or whether it does not intend to continue.

The firms, which entered a bidding war recently, have been given until 5pm on 18 January to make their intentions over acquiring River and Mercantile clear, with the possibility of a further extens...

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