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FSR's Aldermore (possible) acquisition

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Dineo_T
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FSR's Aldermore (possible) acquisition

The Aldermore move is rather interesting. I look at the UK now, and what is (not) happening with Brext and I have to wonder what informed that move. 

 

I've heard the arguments around increasing international footprint etc. I also understand that, at the moment, Africa isn't exactly hot property. 

 

So I'm sort of on the fence about this. Will it actually pay off? I'm digging into Aldermore's results and I'll share thoughts when I'm satisfied I've covered everything thoroughly. They listed rather recently on the LSE, and one could argue they have a compelling story, but the political uncertainty has me wondering...

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