StockMarketWire.com - Wealth management and employee benefit group Mattioli Woods said it had agreed to cancel an option to acquire the remaining 51% of Amati Global Investors.

'Given the success of the current arrangement, the group believes that retaining a minority interest in the joint venture offers the optimal structure for all stakeholders,' the company said.

It had agreed to cancel the option in return for a payment of £0.75m from the management team.


At 8:00am: [LON:MTW] Mattioli Woods PLC share price was 0p at 805p



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