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...
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Caught between the growth potential of emerging economies and US tech, and the relative comfort of the UK domestic market, European equities are often overlooked by UK investors.