UPDATE: Tilney Bestinvest Towry takeover denied
Towry put up for sale in 2015
Reports that wealth manager Tilney Bestinvest is planning a takeover of rival Towry in a bid to create a super investment adviser has been denied by people close to the situation.
An article in the Sunday Times over the weekend reported that Tilney, which has £9bn in assets under management, is planning a £700m takeover of its rival. The report said the deal is being "aggressively"...
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