Jupiter to acquire Merian Global Investors

In a statement issued on 15 February, the board of Jupiter said the discussions had been under way "for some time" and that "the boards of both Jupiter and Merian are confident that the combination would have the potential to deliver meaningful benefits for the stakeholders of both businesses". But with the discussions ongoing, Jupiter stated that "there can be no certainty these will lead to a transaction, nor as to the terms on which any such transaction would be concluded" and said it would make further announcements when appropriate. Merian, which had assets under management of £2...