RIT Capital Partners has decided not to make a formal offer to merge with Alliance Trust, after the two trusts revealed they were in informal talks last week.
RIT Capital Partners has announced it will not be making a formal offer to merge the investment company with the £2.7bn Alliance Trust, saying the move is not in the best interests of shareholders. ...
£1bn business since inception
Considered doing so in 2015
Client communication considerations
Aviva: ‘We are sorry’
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