Wealth and Asset Management
R&M pledges to return £180m as bid battle launched
River & Mercantile is to return 80% of the proceeds from the sale of its fiduciary division to Schroders to shareholders as two suitors gear up for a bid battle over the remaining business. The announcement that it would disburse £180m of the £228m cash sum has taken on new…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Citywire