PE firm Warburg Pincus steps in to secure £44bn Tilney Smith & Williamson merger

Deal has been delayed by pandemic and FCA concerns

Mike Sheen
clock • 3 min read

The £44bn merger between Tilney and Smith & Williamson is one step closer to completion under a revised transaction structure, which will see private equity firm Warburg Pincus enter the fray to co-invest in the business alongside existing investor Permira.

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