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RIT Capital mulls combination with Alliance Trust

31 May 2016 07:44

RIT Capital Partners has noted an announcement by Alliance Trust and said the possibility of combining the pair for the benefit of both sets of shareholders is at a very early stage of consideration.

"Further analysis and discussion will determine whether such an outcome is indeed in the best interests of shareholders and can be achieved," the company said, responding to press speculation.

"There is no certainty that an offer by RIT for the share capital of Alliance Trust will be made."

Story provided by StockMarketWire.com

Related Company: RCP

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