Monday, May 30, 2016

Alliance Trust confirms RIT made approach about £5bn merger

Investment group to consult shareholders but yet to receive detailed proposal from Jacob Rothschild-chaired company

Alliance Trust, the investment group, has confirmed that it received an informal approach about a £5bn merger with RIT Capital Partners, which is chaired by British financier Jacob Rothschild.

Related: Alliance Trust chairman says all-male board will change

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from Mergers and acquisitions | The Guardian http://ift.tt/1U8dN0l

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