Shanghai, China (PressExposure) September 28, 2009 -- Parker Forrester (Shanghai) Ltd. announces today that it has been approached with an offer by a large Asian Financial Services Company with the intention of acquiring controlling interest in the firm.
Insiders close to the deal refused comment. While one source, who spoke on condition of anonymity stated, "This is not the first time a larger company has expressed interest and while not invited, the offer will be reviewed in line with the company's overall strategy and client centric goals."
A spokeswoman confirmed there would be "efficiencies" that could be made across both businesses - but said it was too early to give details of any impact on staff.
Note to editor:
Parker Forrester (Shanghai) Ltd is one of the world's fastest growing Independent Offshore Financial Advisory Companies. Parker Forrester has over 350 expert Financial Advisers in more than 40 countries. The Parker Forrester group of businesses collectively service more than 40,000 Clients in 109 countries, with billions in funds under administration and management.