PhillipCapital Takes Struggling Walker Crips Private in £6 Million Buyout
The broker-dealer PhillipCapital UK has agreed to buy out London-listed Walker Crips Group in an all-cash transaction valuing the struggling wealth management firm at £5.96 million, the companies said today (Monday). 110-Year-Old Investment Firm Just Got Bought for Pennies The Singapore-owned firm offered 14 pence per share, an 86.7% markup over Walker Crips’ closing price…