M&A Deals
UK wealth manager eyes $2bn US Spac
It had already tried to sell the business in 2018
Over 80% of advice firms globally lack a ‘defined M&A strategy’
But nearly half want to execute a merger or acquisition over the next 24 months
IFA firm acquires Surrey-based financial planning business
Deal adds around £250m assets under management to the group
JP Morgan buys UK robo-adviser
As part of the US giant’s plans to roll out a digital bank in Britain later this year
Quilter shareholders approve sale of international business
Deal is expected to be complete on 31 December 2021