S&W seeks IPO after Rathbone merger talks break down

Was preparing for stockmarket listing before Rathbone approach

Natalie Kenway
S&W's David Cobb and Kevin Stopps

S&W's David Cobb and Kevin Stopps

Smith & Williamson is to prepare the firm for a potential stockmarket listing, after a statement from Rathbones said merger talks had been "terminated" as parties were unable to agree a transaction that would be in the best interest of shareholders.

After stockmarket closing yesterday, Rathbone released a statement revealing the £2bn merger talks had broken down "following very extensive due diligence and negotiations". It was first reported on...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Investment

Reportedly Chinese military planes entered Taiwan’s air defence zone.

Stormy waters: Investors 'watching China-Taiwan tensions closely'

Military intervention 'unlikely' in short term

clock 26 October 2021 • 5 min read
Seven investor concerns moving into Q4

Seven investor concerns moving into Q4

Big questions on investors' minds

Ben Kumar
clock 26 October 2021 • 1 min read
All the latest from the world of ESG investing

ESG Blog: Barings becomes signatory to Investor Agenda's 2021 Global Investor Statement

Round-up of ESG coverage

Investment Week
clock 26 October 2021 • 1 min read