Tilney and Smith & Williamson merger delayed due to pandemic

Lauren Mason
clock
Tilney and Smith & Williamson merger delayed due to pandemic

The proposed £45bn merger between Tilney and Smith & Williamson has been delayed due to a combination the coronavirus pandemic and ongoing concerns from the Financial Conduct Authority (FCA) regarding the transaction structure.  In a note to investors on S&W's website published yesterday (15 April), the wealth management firm said it has been working closely with the FCA to develop a revised transaction structure after the regulatory body identified a number of concerns in January of this ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login