London fund manager Redwheel taps bankers for £150m sale Investing London-based fund manager Redwheel has called in bankers to run a potential sale process which could value the company at more than £150m, Morning Wire can reveal. Redwheel, which manages around $22bn for clients across four equity and bond strategies, has recently begun working with London-based advisers at BNP Paribas to review its options after [...]
Asset manager Redwheel buys £1.1bn sustainable investor Ecofin Investment Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price.
Royal Mail shareholder slams takeover bid as government comes under fire Business The second largest independent shareholder in Royal Mail's parent company, International Distributions Services (IDS), has publicly backed the company's rejection of a takeover bid.