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IN BRIEF: Quilter unit sale gets all regulatory green lights

Fri, 12th Nov 2021 17:31

Quilter PLC - London-based wealth manager - Says Quilter International disposal receives all regulatory and competition approvals. Sale of unit to Utmost Group PLC expected to clear on November 30. Utmost will part with GBP481 million for the unit.

Current stock price in London: 153.30 pence

Year-to-date change: down 0.2%

Current stock price in Johannesburg: ZAR31.49

Year-to-date change: up 2.4%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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