Response to press speculation
Board rejects approach for private M&A and debt advisory business; confirms focus on integrated investment banking strategy.
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The Board of Cavendish notes the recent press speculation and confirms that it has received interest in the private M&A and debt advisory business of the Group. This was rejected and there have been no further discussions.
The Group's strategy is to focus on growing and evolving as a full service, fully integrated, small and mid-cap investment bank with the potential for adding additional business offerings rather than reducing them. Cavendish has already generated significant revenues and won a number of live mandates as a result of the integrated business offerings within the Group.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.