Good morning and welcome to your Morning Briefing for Wednesday 3 November, 2021. To get this in your inbox every morning click here. LV= vote nears The LV= saga is nearing some form of conclusion as the mutual has published member vote packs. These detail the expected financial benefits for members from the
INTERNATIONAL DAY OF PEACE: Salesian Missions highlights life-changing humanitarian aid and social programs missionnewswire.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from missionnewswire.org Daily Mail and Mail on Sunday newspapers.
FCA Spac changes to have ‘significant impact’ on UK advice M&A
Lowering threshold for initial listing to £100m ‘makes it a perfect size for an acquisition vehicle’
Looser regulatory restrictions around special purpose acquisition companies (Spacs) could have a “significant impact” on the UK financial advice market as investors look for alternative routes to tap into rampant consolidation in the space.
A Spac is a corporation formed for the sole purpose of raising investment capital through an initial public offering (IPO). When the Spac raises the required funds through an IPO, the money is held in a trust until the desired acquisition is made.
Spac changes to have significant impact on UK advice M&A international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.