IN BRIEF: Pollen Street takeover of Mattioli Woods moves closer

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Mattioli Woods PLC - Leicester, England-based specialist wealth and asset management business - Pollen Street Capital notes regulatory clearance regarding planned takeover of Mattioli Woods. Explains the deal remains subject to other clearances, including amongst other things, approval under the NS&I Act, and the court sanctioning the scheme at the court sanction hearing and the delivery of a copy of the court order to the Registrar of Companies. Pollen Street expects the scheme to become effective in August.

Current stock price: 791.00 pence

12-month change: up 29%

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