Tellworth Investments sale to Premier Miton receives FCA approval

Deal worth up to £9m

Cristian Angeloni
clock • 1 min read

Premier Miton’s acquisition of Tellworth Investments has received the green light from the Financial Conduct Authority.

Premier Miton confirmed completion of the M&A deal today (31 January), with a total consideration of up to £9m. The transaction comprises an initial payment of between £3.5m and £6m - split between cash (25%) and Premier Miton shares (75%) - and an additional £3m in cash to be paid a year after completion if Tellworth's AUM surpasses £850m. Premier Miton to acquire Tellworth Investments The acquisition is set to expand Premier Miton's long/short offering and further strengthen its UK equity franchise, it explained. Tellworth will fully transition onto the Premier Miton platform in ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Liontrust outsources UK trading team to BNY

Liontrust outsources UK trading team to BNY

Bolsters trading beyond UK hours

Sorin Dojan
clock 09 June 2025 • 1 min read
Firms with £500bn in AUM pledge to remove barriers for underrepresented groups in DE&I statement

Firms with £500bn in AUM pledge to remove barriers for underrepresented groups in DE&I statement

UK government seeking views on pay gaps

Patrick Brusnahan
clock 06 June 2025 • 1 min read
Year of two halves for Ninety One as it records year-end losses

Year of two halves for Ninety One as it records year-end losses

Deal with Sanlam 'on track'

Patrick Brusnahan
clock 04 June 2025 • 1 min read
Trustpilot