Mattioli Woods acquisition of Ludlow Wealth Management faces delays

James Baxter-Derrington
clock • 1 min read

Mattioli Woods' acquisition of LWMG Topco, the holding company of financial advice firm Ludlow Wealth Management, has been delayed by a month as the share purchase agreement (SPA) is extended. In order to facilitate the completion of the acquisition, Mattioli Woods has entered into an amendment agreement to the SPA to extend the long stop date from 31 August 2021 to 30 September 2021. The extension comes following receipt of the Financial Conduct Authority's approval of the change of control of LWMG Topco Limited on 31 August, a requirement to the completion of the SPA. The acquisi...

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?


More on M&As