The £42m Quilter/Lighthouse deal is likely to go ahead but there may be "price refinement" before the transaction is complete, a firm that specialises in merger and acquisitions has said.
On Monday (15 April), Lighthouse put Intrinsic's £42.2m cash offer to buy the firm to a shareholder vote. In order for the deal to go through, it will require at least 75% of the shareholder value present...
Scope for change post-Brexit
To tackle liquidity issues
More than £100m in pipeline
DB data published last week
'Heavily influenced by Morningstar'