STM £40m acquisition delayed for another month
- Tuesday, 28 May 2024
- Articles
![STM website](/media/k2/items/cache/6a1d9c417755a10b086b0092ea2e6a32_Generic.jpg)
The £39.8m acquisition of pension services and SIPP provider STM by Guernsey-based investment vehicle Pension SuperFund Capital has been extended for another month after the firms said it was taking longer than expected to receive regulatory approvals.
Read more...Pension SuperFund acquires STM for £40m
- Tuesday, 10 October 2023
- Articles
![STM website](/media/k2/items/cache/0d3f7144a128b580faa861705fe91249_Generic.jpg)
Pension services and SIPP provider STM has been acquired by Guernsey-based investment vehicle Pension SuperFund Capital in a £39.8m deal that was extended several times since first being announced in July.
Read more...'Inadvertent rule breach' in STM bid
- Monday, 18 September 2023
- Articles
![STM Group Website](/media/k2/items/cache/ba1b4bb5341d75b54cf251eaa0b07cbc_Generic.jpg)
Pension SuperFund Capital has reported an “inadvertent breach” of one of the rules of City Code on Takeovers and Mergers in its announcement on 8 September about its offer for SIPP provider STM Group.
Read more...STM Group offer extended for fourth time
- Friday, 08 September 2023
- Articles
![STM Group website](/media/k2/items/cache/83288e57dd70fa81d17cff15d21c007d_Generic.jpg)
The £39m bid for SIPP provider STM Group has been extended for a fourth time as chief executive Alan Kentish strives to buy a chunk of the company.
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