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F&C to complete acquisition of Thames River
26 August 2010
F&C Asset Management expects to complete its acquisition of Thames River Capital in a few days
F&C Asset Management has today announced to the London Stock Exchange that it expects to complete its acquisition of Thames River Capital on or before 1 September following receipt of consent from the Financial Services Authority. The transaction was first announced on 28 April and was approved by F&C’s shareholders at a General Meeting on 18 June.
The acquisition of Thames River, which F&C expects to be earnings enhancing on an underlying basis in its first full financial year post-completion, represents a significant milestone in accelerating...
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