Premier Miton and AssetCo make bids for River & Mercantile

R&M already selling one division to shareholders

clock • 2 min read
Merger and acquisition
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Merger and acquisition

Premier Miton Group has approached River & Mercantile (R&M) about a merger that could create a business with more than £18bn in assets, while AssetCo has confirmed it has made an offer to the firm.

Premier Miton suggested the merger after R&M confirmed it was selling one of its two divisions to shareholders for £230m.Since the London Stock Exchange opened this morning, the firm's share price has...

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