Merger Financial News

22.01 / 09:31

Real Estate Abrdn Investment trusts Merger Custodian Property Income REIT offloads assets at 9.5% premium ahead of abrdn merger

CREI is currently running on a 17.53% discount, according to data from the Association of Investment Companies, wider than the 14.8% discount it was at when news of the merger initially broke.

16.01 / 08:45

companies Merger Liberum Panmure Gordon merges with Liberum to create 'UK's largest investment bank'

At completion, the combined entity will be rebranded to Panmure Liberum.

11.01 / 09:15

property Investment trusts Merger LXi REIT agrees to £1.9bn LondonMetric takeover deal

The boards said the combined group will have EPRA net tangible assets of about £4.1bn, becoming the fourth largest UK REIT.

21.11 / 14:57

Investment trusts Merger Winterflood Numis UK Commercial Property REIT merger with Picton dropped on Phoenix Life dissent

Phoenix Life is the largest shareholder in UKCM, holding roughly 43% of share capital.

08.11 / 16:23

Investment trusts Merger Investment Trust Asia Dragon assets swell by over £200m following abrdn New Dawn merger

This puts the trust's total assets at £736.4m, as pre-merger it held £494.7m, according to data from the Association of Investment Companies.

08.11 / 12:00

Investment trusts Merger UK Commercial Property REIT confirms merger 'discussions'

According to data from the Association of Investment Companies, UK Commercial Property REIT is currently trading at a 30.5% discount.

03.11 / 14:45

Investment trusts Merger share buybacks Troy Income & Growth suspends buybacks ahead of potential merger

Peel Hunt analyst Thomas Pocock said that shareholders 'will likely have expected better planning and communication'.

26.10 / 14:01

Investment trusts Merger New Dawn Asia Dragon shareholders greenlight abrdn New Dawn merger

Investors are expected to benefit from a range of impacts, including greater economies of scale and an enhanced profile as a result of the increased size.

04.10 / 10:25

Liquidity Investment trusts Merger Henderson Diversified Income agrees merger with Henderson High Income

The enlarged HHI, which currently holds £262m in assets, will continue to be managed by Janus Henderson under the same investment objective and policy.

21.09 / 11:17

companies industry Merger Rathbones Investec W&I Rathbones and Investec W&I complete merger to create £100bn wealth manager

Paul Stockton (pictured) is CEO of Rathbones.

06.09 / 14:29

Investment trusts Merger Winterflood Gravis RM Infrastructure Income proposes managed wind-down as Gravis trust merger scrapped

The RMII board said it “remains open” to any approaches from third parties who have not yet put forward a proposal.

11.08 / 12:27

Investment trusts AIC Merger Nippon Active Value Atlantis Japan Growth agrees merger with Nippon Active Value

The Atlantis Japan Growth fund holds £81.9m in assets and is currently trading at a 14.6% discount to NAV.

02.08 / 10:33

M&A companies financial conduct authority London Stock Exchange Merger Rathbones Rathbones sets out Investec W&I merger timeline

Fani Titi, Investec Group chief executive, Paul Stockton, group chief executive officer of Rathbones Group, Iain Hooley, chief executive of Investec W&I UK

26.07 / 11:21

asci Abrdn Investment trusts Merger abrdn Smaller Companies Income trust to merge with Shires Income

Shires is also managed by abrdn, led by Iain Pyle and Charles Luke.

21.07 / 07:53

Investment trusts Merger New Dawn abrdn proposes folding New Dawn into Asia Dragon trust

An up to 25% cash exit opportunity will be offered to investors in abrdn New Dawn, with the price offered at a 2% discount to the trust’s FAV, less the costs of realising the assets allocated to the cash pool.

20.07 / 07:51

funds OEIC Merger Jupiter asset management Jupiter proposes merger of Mark Nash bond portfolios

Clients have until 10am on 21 August to vote on the merger, with the extraordinary resolution needing 75% of the votes to pass through.

19.07 / 12:39

funds OEIC Merger Jupiter proposes merger of Mark Nash bond portfolios

Clients have until 10am on 21 August to vote on the merger, with the extraordinary resolution needing 75% of the votes to pass through.

12.07 / 09:31

SoftBank NVIDIA Commodities Merger reports Nvidia considering anchor investor role for Arm - reports

One or more anchor investors ahead of its New York listing would help support Arm's stock as its parent company, SoftBank, which bought Arm for £24bn ($32bn) in 2016, sells down its stake.

10.07 / 14:09

Liquidity Investment trusts Merger exit RM Infrastructure Income rules out cash exit as merger talks continue

The board revealed it has also received two other proposals, one of which is under consideration but remains at an early stage.

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