International investment groups are looking to buyout leading fund manager By Jane Wallace Investmen...
International investment groups are looking to buyout leading fund manager By Jane Wallace Investment Week understands a number of international investment groups including Mellon Bank of the US and Hypo Bank of Germany are considering bids for Perpetual. In addition to being put in play by others, Perpetual has also tried to initiate talks with Foreign & Colonial, which is owned by Hypo Bank, to discuss a prospective merger but F&C declined to take the discussions forward. Roger Cornick, deputy chairman at Perpetual, said: "From time to time people come along with ideas and it is our f...
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