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Insider UK
Insider UK
Business
John Glover

UNBELIEVABLE: Natwest mulling 3bn takeover bid for tilney smith williamson - The Untold Story

NatWest Permira Sky News Warburg Pincus

NatWest Group is contemplating a takeover bid for one of Britain’s biggest wealth managers.

Sky News reported that the Royal Bank of Scotland owner is in the early stages of a deal with Tilney Smith & Williamson, potentially worth around £3bn.

The bank is said to be among a number of potential suitors exploring bids for the firm, which is owned by Permira and Warburg Pincus, with around £57bn of client assets under management.

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