WH Ireland in 'advanced' talks with Zeus Capital for possible sale of capital markets unit

M&A deal update to be given soon

clock • 1 min read

Wealth manager WH Ireland is in talks to sell its capital markets unit to UK investment bank Zeus Capital.

In a stock filling today (20 May), the firm said the discussions between the two are at an '"advanced stage", but that "there can be no certainty" that the transaction will occur. "Further updates will be provided in due course," it added. The statement followed a report by Bloomberg earlier in the day, which cited sources stating that a deal could be reached as soon as this week.  WH Ireland names chair as trio of non-executive directors step down This move came after a series of mergers and acquisitions affecting the UK corporate brokers market, including that of Panmure Gordon ...

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