Mattioli Woods has updated the timeline of its £432m sale to private equity firm Pollen Street Capital’s Tiger Bidco, first announced on 8 March 2024.
A court hearing to sanction a scheme for arrangement is set to take place on 30 August, according to a London Stock Exchange update shared by the wealth management business this morning (19 August). The last day of dealings in Mattioli Woods shares is slated for 2 September, with a suspension to kick in the following day on the effective date of the scheme. A long stop date of 7 December is expected to apply. FCA approves Pollen Street Capital's acquisition of Mattioli Woods The timeline is subject to satisfaction of NS&I Act conditions, Mattioli Woods stated in the update. The...
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