S&W seeks IPO after Rathbone merger talks break down
Was preparing for stockmarket listing before Rathbone approach
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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Should investors care about European equities?
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.