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...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till