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United States

Rathbone Brothers PLC (RAT.L)

RAT.L on London Stock Exchange

2,652.00GBp
23 Feb 2018
Change (% chg)

-98.00 (-3.56%)
Prev Close
2,750.00
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2,686.00
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2,732.00
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2,652.00
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Thu, Feb 22 2018

Rathbone Brothers FY pretax profit up 17.6 pct

LONDON, Feb 22 British wealth and investment manager Rathbone Brothers on Thursday posted a 17.6 percent increase in pretax profit, boosted by record assets under management on the back of market gains and net inflows.

BRIEF-AGF Management says ‍Smith & Williamson is no longer in discussions with Rathbone Brothers

* AGF Management Limited confirms changes to Smith & Williamson prospective merger

Rathbone Brothers terminates merger talks with Smith & Williamson

Aug 31 British wealth manager Rathbone Brothers said on Thursday that it had terminated talks with UK-based financial services provider Smith & Williamson over a possible all-share merger. Rathbone said it would incur a charge of about 5 million pounds ($6.45 million) in 2017 for the expenses related to the merger talks. The company had said earlier this month that it was in exclusive merger talks with Smith & Williamson. ($1 = 0.7756 pounds) (Reporting by Parikshit Mishra in Bengalu

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