Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 27-05-2020 | Practice Area: | Corporate and M&A |
| Deal Title: | M&G PLC Proposed Acquisition of Ascentric | Industry: | Financial Services |
| Description: |
Slaughter and May advised M and G PLC on its proposed acquisition from Royal London Group of Ascentric, a digital wrap and wealth management platform for UK independent financial advisers, for an undisclosed sum.
The acquisition brought GBP14 billion of assets under administration to M and G, as well as relationships with more than 1,500 advisory firms acting on behalf of over 90,000 individual customers.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Acquiror | Law Firm | Slaughter and May |
| Target Company Jurisdiction: | United Kingdom | Acquiror Jurisdiction: | United Kingdom |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Harry Bacon |
