Tilney’s £625 million purchase of Smith & Williamson (S&W) should still go ahead, according to the latest filing by AGF, the Toronto-based investment management firm that owns around a third of the London-based wealth management and professional services firm.
The purchaser has proposed measures that should resolve the structuring issues that prevented the FCA, the UK’s financial regulator, from giving its approval to the deal.
These involve a “material new inv...
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