Ivory and Sime

Ivory and Sime was started in the late 1800s with the formation of the British Assets Trust.

Friends Provident, the mutual life assurer, performed a reverse takeover of Ivory and Sime, the fund manager, in a £132m deal that will result in the creation of a group called Friends Ivory & Sime. Deal announced on 8 November 1997.[1]

References
  1. Andrew Verity (8 November 1997). "Friends Provident merges fund management arm with Ivory & Sime in pounds 132m reverse takeover". The Independent.


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