Today news
About the same in other media
Fidelity Emerging Markets tender offer oversubscribed by nearly six times
Reading now: 328
In a stock exchange notice on Monday (25 March), the £681m investment trust said around 79,829,958 shares were validly tendered, representing approximately 88% of the shares in issue. After considering the rounding down of each valid applicant's participation to the nearest whole share, FEML will buy a total 13,531,881 shares under the tender offer. Fidelity Emerging Markets launches tender offer for up to 15% of share capital The tender price, which has been calculated as 98% of net asset value as at 22 March, was 740.3p per share. «Having narrowed from a discount of c.15% at...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Emerging markets rise to near two-year high but US inflation is a risk investmentnews.com /7 months ago
China may surge 30% in next 12 months but India is vastly superior to any emerging market long term: Mark Matthews economictimes.indiatimes.com /7 months ago
Vontobel launches three-year emerging market bond fund investmentweek.co.uk /7 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
