(Bloomberg) -- Allfunds Group Plc has abandoned discussions over a potential sale of the European fund distribution platform, people with knowledge of the matter said.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyAmsterdam-listed Allfunds received multiple expressions o
Allfunds received several interests for a deal, but the company's board decided not to proceed with the sale, as the offers didn't fully reflect its growth prospects, the report said. Allfunds's largest shareholder Hellman & Friedman is supportive of the company's decision to call off a potential sale, the Bloomberg report added. Allfunds declined to comment on the report, when contacted by Reuters.
Allfunds Group ( AMS:ALLFG ) Full Year 2023 Results Key Financial Results Revenue: €2.86b (up 4.2% from FY 2022). Net...