Trust analysts have spoken out following Lord Rothschild's proposal to combine the £2.5bn RIT Capital Partners trust with the £2.6bn Alliance Trust, stating other trusts or "white knights" are more likely to succeed with a merger.
Reports surfaced at the weekend that Lord Rothschild, chairman of RIT, had approached the board of Alliance Trust about a potential merger, and both groups have since issued statements confirming the "informal"...
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