Deals, Deals, Deals ... in a bear market - Part 43
Tuesday, 4 April 2023, 10:47 am
I see some of London's top stockbrokers have been whining about the lack of dealmaking.
Indeed, yesterday Peel Hunt warned it would be marginally loss-making in the twelve months to the end of March because it hasn't worked on enough floatations and takeovers.
But this morning FTSE 250-listed Rathbones announced a deal to buy Investec's wealth management company for £839 million. Below is a link to the announcement:..