11th Dec 2020 06:25
(Alliance News) - Quilter PLC on Friday confirmed it has initiated a strategic review of Quilter International to evaluate its role in delivering the company's future growth ambitions.
The London-based wealth management company said the review is at an early stage and as such the outcome is not yet known.
Quilter noted that options range from a decision to retain Quilter International through to a disposal of the business, but it has not yet decided on any particular option and as such there can be no certainty that any potential transaction will be concluded.
Isle of Man-based Quilter International provides tax-efficient offshore savings and investment management.
By Evelina Grecenko; [email protected]
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