NatWest Mulling Bid for Wealth Management Firm Quilter, This Is Money Reports
August 01 2022 - 7:21AM
Dow Jones News
--NatWest Group PLC is mulling a bid for the wealth management
company Quilter PLC, This is Money reports, citing unnamed
sources.
--The acquisition of Quilter, valued at GBP1.4 billion ($1.71
billion), would be the U.K. bank's biggest deal since the financial
crisis, according to This is Money.
--Quilter's shares are up 13% at 119.10 pence, with NatWest's
share price up 2.2% at 254.00 pence.
Full story: https://cutt.ly/nZn78w6
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
August 01, 2022 07:06 ET (11:06 GMT)
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