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AssetCo and Premier Miton table bids for River & Mercantile
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fnlondon.comRiver & Mercantile, the £47.6bn UK-listed asset manager, has been approached by Premier Miton and AssetCo with separate offers to buy the business — a deal which would add to a growing list of mergers and acquisitions in the fund management sector this year.
In a statement issued on the London Stock Exchange on 23 November, River & Mercantile said any deal was conditional on the completion of the proposed sales of its solutions business, which Schroders announced it would buy in October.
"There...
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