Cazenove set to reject Barclays approach

The UK’s oldest independent stockbroker is set to reject a takeover approach by banking giant Barclays.

Cazenove set to reject Barclays approach
Sun, 13 Jun, 2004 - 17:13

The UK’s oldest independent stockbroker is set to reject a takeover approach by banking giant Barclays.

Cazenove, whose clients include the Queen, is believed to have made the decision in order to pursue a merger with US-based investment bank Lehman Brothers.

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