Image:
Since the London Stock Exchange opened this morning, the firm's share price has risen by 12.2%.
While investors and industry commentators are not surprised about the latest potential consolidation within the industry, they are eyeing the recent bidding war for R&M with interest and some believe AssetCo may be the better fit.
This morning, following press speculation overnight, Premier Miton Group confirmed it has approached R&M about a merger that could create a business with more than £18bn in assets, while AssetCo also confirmed...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Tap into our community intelligence through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
