Elliott Associates grabs a slice of Scottish Mortgage
Scottish Mortgage (SMT), Baillie Gifford’s flagship investment trust and the largest trust in the investment companies sector, has announced that Elli...
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James Carthew: Don’t let Custodian win Abrdn Property with a low bid
Shareholders in Abrdn Property Income should vote against the highly-discounted all-share offer from rival Custodian and hope for more from a managed wind-down.
Supermarket Income REIT’s adviser moves to protect itself from takeover
Supermarket Income REIT’s manager has made amendments to its investment advisory agreement to protect itself in the event of a takeover. In the event ...
Dunedin Enterprise – Chink of light at the end of the tunnel for shareholders
Dunedin Enterprise (DNE) has announced its annual results for the year ended 31 December 2023, during which it provided NAV and share price total retu...
QuotedData’s morning briefing 22 March 2024 – BRGE
In QuotedData’s morning briefing 22 March 2024: BlackRock Greater Europe (BRGE) is not going implement its semi-annual tender offer in May 2024. Over ...
Questions abound as Elliott takes 5% stake in Scottish Mortgage
Arrival of activist US hedge fund on the register of the Baillie Gifford global flagship revives memories of Elliott's successful campaign against Alliance Trust a decade ago.
3i Group eyes £25bn market value after Action’s ‘strong start’
Shares in retailer-dominated private equity group jump 8.4%, extending their premium over net asset value, after an encouraging trading update and shareholder briefing.
UKCM and Big Box rise as another Abrdn trust merger is sealed
Real estate investment trusts UK Commercial Property and Tritax Big Box rise after finalising terms for a £6bn merger.
Discount frustration drove Henderson EuroTrust to merge
Nicola Ralston, chair of Henderson EuroTrust, says frustration at the fund's double-digit discount led to its agreement to merge with Henderson European Focus Trust.
Ex-Laxey activist pops up at Abrdn Property to demand wind-down
Abrdn Property Income’s sale of two holdings at asset value convinces former Laxey Partners activist Andrew Pegge it should wind down slowly and not sell at steep discount to rival Custodian.
Riverstone: Tender some shares in this rapidly recovering energy fund
Shareholders in Riverstone Energy have just two days to decide whether to sell shares in the investment company’s £158m tender offer.
Terms of Tritax Big Box and UK Commercial merger agreed
The Boards of Tritax Big Box REIT (BBOX) and UK Commercial Property REIT (UKCM) have reached agreement on the terms of a recommended all-share merger....
