Portfolio

Tilney confirms merger talks with Smith & Williamson

By Michele Maatouk

Date: Monday 19 Aug 2019

Tilney confirms merger talks with Smith & Williamson

(Sharecast News) - Wealth manager Tilney confirmed on Monday that it is in exclusive discussions with Smith & Williamson about a potential merger.
It said a merger would create "a market-leading, integrated UK wealth management and professional services group with over £45bn of assets under management".

Tilney said talks are ongoing but there can be no certainty that a deal will be done. A further announcement will be made as and when appropriate, it added.

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