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
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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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