Mattioli Woods acquisition of Ludlow Wealth Management faces delays

One-month extension

Mattioli Woods’ acquisition of LWMG Topco Limited, the holding company of financial advice firm Ludlow Wealth Management, has been delayed by a month as the share purchase agreement (SPA) is extended.

In order to facilitate the completion of the acquisition, Mattioli Woods has entered into an amendment agreement to the SPA to extend the long stop date from 31 August 2021 to 30 September 2021. Mattioli...