UKFI appoints JPM, shortlists panel
UK Financial Investments on Friday appointed JP Morgan as its privatisation adviser for sales of the country’s bank stakes, and published a list of around 30 institutions that it will consider for bookrunner, co-lead, capital markets adviser and strategic adviser slots.
JPM’s appointment is for “an initial period”, said UKFI,
during which time it will provide ad hoc
“This appointment does not involve any commitment in relation
to other roles at any other time and UKFI intends to review this appointment on
a periodic basis, as appropriate, with the expectation that different firms
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