Rathbones Steps Up Push to Buy Rival ; Initial Approach Rejected

Daily PostJanuary 17, 2005

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Summary


LIVERPOOL-BASED Rathbone Brothers is to press ahead with a takeover approach to acquire local fund management rival Rensburg.

Rathbones wants to continue discussions about a pounds 125m deal, despite the fact that Rensburg has rejected an initial approach.

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Extract


Rathbones Steps Up Push to Buy Rival ; Initial Approach Rejected

Rensburg said it would prefer to continue with a proposed merger with Investec's Carr Shep...

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