The board of River and Mercantile (R&M) has reached an agreement with AssetCo for an all-share acquisition by the Martin Gilbert-chaired group.
Under the terms of the acquisition, R&M shareholders will be entitled to receive 0.07392 AssetCo new shares for each RMG share they hold. Based on a closing price of 1,550 pence per AssetCo shar...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
