R&M offered mergers and deals as share price rockets

Premier Miton and AssetCo are said to both be eyeing up deals

Professional Pensions
clock • 2 min read
River and Mercantile has now had seven years of consecutive AUM growth
Image:

River and Mercantile has now had seven years of consecutive AUM growth

Premier Miton Group has approached River and 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. Since the London Stock Exchange opened this morning, the firm's share price has ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

How retirement planning has transformed over the past 50 years

How retirement planning has transformed over the past 50 years

PPI report looks at the move from predictable pensions to personal responsibility

Jonathan Stapleton
clock 21 November 2024 • 3 min read
Smart Pension launches simulator to assist members with 'pension puzzle'

Smart Pension launches simulator to assist members with 'pension puzzle'

Integrated retirement savings calculator expected to be ‘hugely positive’ for firm’s members

Holly Roach
clock 20 November 2024 • 1 min read
DWP's CDC consultation a 'significant milestone' for UK pension schemes

DWP's CDC consultation a 'significant milestone' for UK pension schemes

The industry has responded to the DWP’s consultation on CDC extension

Holly Roach
clock 20 November 2024 • 5 min read
Trustpilot