Utmost Group to acquire Quilter International for £483m

clock • 2 min read

Utmost Group has agreed to acquire Quilter International, subject to regulatory and other approvals. Quilter will receive approximately £483m in cash assuming completion on 31 December 2021. Quilter International will become a part of Utmost International, the international life assurance business of Utmost Group. The deal adds £22bn of assets under administration and 90,000 policies to Utmost International. Utmost International will have £52bn of combined assets under administrat...

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