{"id":8998,"date":"2012-03-16T15:15:29","date_gmt":"2012-03-16T13:15:29","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/uks-seymour-pierce-in-talks-with-potential-investors-source\/"},"modified":"2012-03-16T15:15:29","modified_gmt":"2012-03-16T13:15:29","slug":"uks-seymour-pierce-in-talks-with-potential-investors-source","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/uks-seymour-pierce-in-talks-with-potential-investors-source\/","title":{"rendered":"UK&#8217;s Seymour Pierce in talks with potential investors -source"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON, March 16<\/span> (Reuters) &#8211; Seymour Pierce, the<br \/>\nBritish investment bank which ended merger talks earlier this<br \/>\nyear, has started fresh discussions with several potential<br \/>\ninvestors, a source with knowledge of the matter said on Friday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>&#8220;They are holding discussions with a number of potential<br \/>\nstrategic investors,&#8221; said the source.<\/p>\n<p><span><\/span><\/p>\n<p>The company declined to comment on the matter. The source<br \/>\ndid not identify the investors but said they were from overseas.<\/p>\n<p><span><\/span><\/p>\n<p>Earlier this year, Seymour Pierce ended merger talks with<br \/>\nBermudan reinsurer Gerova Financial Group but other<br \/>\nsmall British investment banks have ended up being taken over as<br \/>\ntough market conditions spur consolidation in the sector.<\/p>\n<p><span><\/span><\/p>\n<p>Hoare Govett was sold off by Royal Bank of Scotland<br \/>\nto American investment bank Jefferies while last year<br \/>\nInvestec bought British investment bank Evolution.<\/p>\n<p><span><\/span><\/p>\n<p>Seymour Pierce is owned by its staff following a management<br \/>\nbuyout in 2003.<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, March 16 (Reuters) &#8211; Seymour Pierce, the British investment bank which ended merger talks earlier this year, has started fresh discussions with several potential investors, a source with knowledge of the matter said on Friday. &#8220;They are holding discussions with a number of potential strategic investors,&#8221; said the source. The company declined to comment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8998","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8998"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8998\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}