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Tilney, Ascot Lloyd eye sale options as wealth manager M&A boom continues

The UK's third-largest wealth manager could soon be on the block as Tilney eyes sector deal rush

Bankers at Evercore have won the mandate to advise Tilney Smith and Williamson on a potential float or sale
Bankers at Evercore have won the mandate to advise Tilney Smith and Williamson on a potential float or sale Photo: Thomas Krych/Getty Images

Tilney Smith and Williamson, the UK's third-largest wealth manager, has appointed bankers to explore options for the future of the business, Financial News has learned.

Bankers at Evercore won the mandate to advise the £50bn firm on a potential float or sale, according to a person familiar with the matter.

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