The possible £2bn all-share merger of Smith & Williamson and Rathbone Brothers could be derailed, with wealth manager Tilney launching a rival bid for S&W.
Tilney has tabled an all-cash offer for the firm, according to Sky News, but S&W's management team, led by David Cobb and Kevin Stopps, is reportedly keen to continue to pursue a deal with Rathbones rather...
'Elaborate breach of trust'
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