Liontrust Asset Management PLC (LSE:LIO) said on March 12, it was not in talks to buy smaller rival Artemis in response to a report about a potential takeover. Liontrust recently held early-stage discussions with Artemis about a potential tie-up, the Financial Times reported, citing three people familiar with the situation. Another source said talks were no longer ongoing, according to the report, Artemis declined to comment.