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Covid-19 puts brakes on Tilney and Smith & Williamson deal

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The ongoing coronavirus crisis has pumped the brakes on Smith & Williamson's £625m merger deal with rival Tilney.  The delay comes as the two companies attempt to renegotiate a transaction structure which will satisfy the requirements of the Financial Conduct Authority.  The merger was first announced in September last year,…

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Click here to read the full story: FT Adviser

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