Quilter International deal given regulatory greenlight

News Team, 18/06/2021

Utmost Group has received approval from the European Commission for its acquisition of Quilter International, meaning the transaction has passed two of its major regulatory hurdles.

Quilter’s shareholders also approved the transaction this week. Whilst it remains subject to the approval of the Isle of Man Financial Services Authority and prudential regulators in other jurisdictions, completion of these other milestones means the deal is likely to go through by the end of the year,...

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