An all-share deal that will see UK wealth manager Rathbones buy rival Investec’s wealth and investment arm in the UK will go ahead on 21 September after the two received regulatory clearances to merge and create an enlarged Rathbones entity. Read: Rathbones buys Investec UK wealth unit in £839mn deal The £839 million merger was announced in April, with Investec expected to be the minority shareholder in the bigger Rathbones, taking a 41.24% stake and 29.9% voting rights.
In a shareholder filing on Wednesday, Investec said all regulatory clearances had been received and that the combination and issuance of the Consideration Shares to the Investec Group is expected to go ahead next month. This is subject to the Financial Conduct Authority and the London Stock Exchange agreeing to admit the Consideration Shares to the premium listing segment and trading on the London bourse’s primary market for listed stocks.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Investec Property Fund wants to name itself after a stone | BusinessInvestec Property Fund, which oversees R35 billion in assets, is asking shareholders to approve a name change to Burstone Group, with the name of a stone used to change grain into flour. | News24_Business
더 많은 것을 읽으십시오 »
Investec Property Fund mulls new stone-inspired name | BusinessInvestec Property Fund, which oversees R35 billion in assets, is asking shareholders to approve a name change to Burstone Group, in reference to the name of a stone used to mill grain into flour. | News24_Business
더 많은 것을 읽으십시오 »