Advice firm Saunderson House is no longer up for sale, its parent company IFG has confirmed.
The group, which also owns platform provider James Hay, revealed in February it had received several unsolicited approaches for Saunderson House and was considering whether a sale of the London-based adviser could create greater value for its shareholders. Since then, IFG said in a statement, its board had received "a number of non-binding indicative offers" for Saunderson House that had been "in line with market expectations". "These offers reaffirmed the strength of the business, its leading market position and its attractive long-term growth prospects," it added. According to IFG, ...
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