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
Image:

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...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

Selecting the right sole trustee model

Selecting the right sole trustee model

Paul Tinslay says all sole trustee models should be considered separately

Paul Tinslay
clock 11 August 2022 • 3 min read
Trustee Residential Senate: View the two-day programme

Trustee Residential Senate: View the two-day programme

PP’s flagship residential event will take place on 6-7 October at Ashdown Park Hotel

Professional Pensions
clock 11 August 2022 • 1 min read
Kevin Clark

A formula for success in virtual trustee meetings

Kevin Clark looks at the lessons trustees can take forward from lockdown working

Kevin Clark
clock 11 August 2022 • 3 min read
Trustpilot