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New Star and Artemis break off takeover talks

New Star Asset Management and Artemis Investment Management have broken off takeover talks, following a clash of &quotentrepreneurial cultures&quot.

New Star, led by John Duffield, was tipped to pay £42m (€67.6m) in equity for Artemis, the Edinburgh-based firm led by Mark Tyndall, John Dodd, and Jamie Campbell.

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