Saba defends its own track record against ‘baseless’ Herald attacks
The New York-based firm’s head Boaz Weinstein says it is also ‘absurd’ to suggest that Saba is seeking a fire sale of assets, given it is Herald's largest shareholder.
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Edinburgh Worldwide – vote against Saba’s “backdoor attempt to seize control of the trust”
Following its announcement on Friday in which it questioned the validity of a requisition request that it had received from Saba Capital (click here t...
Baillie Gifford trusts hit back against ‘destructive’ and ‘self-serving’ Saba
The boards of Baillie Gifford US Growth, Keystone Positive Change and Edinburgh Worldwide slam activist investor Saba's 'backdoor' takeover attempts and urge investors to vote against its proposals.
Keystone Positive Change “appalled by Saba’s actions and conduct”
Following the receipt of a requisition request from Saba Capital Management, L.P. (click here to see our original coverage of this) Keystone Positive ...
Baillie Gifford US Growth urges shareholders to VOTE AGAINST Saba’s “self-serving and destructive changes”
Following the receipt of a requisition request from Saba Capital Management, L.P. (click here to see our original coverage of this) Baillie Gifford US...
Gresham House Energy Storage details improved trading backdrop
Gresham House Energy Storage (GRID) has provided a trading update in which it details an improved trading backdrop driven by positive industry develop...
JPMorgan Emerging EMEA Securities announces proceedings to restrain VTB Bank
Following on from its previous announcements regarding the two lawsuits filed by VTB Bank in Russia claiming $81.3 million and $74.5 million against e...
QuotedData’s morning briefing 6 January 2025 – HVPE
In QuotedData’s morning briefing 6 January 2025: HarbourVest Global Private Equity (HVPE) has published what it describes as “an inaugural cashflow up...
Edinburgh Worldwide delays Saba vote after ‘invalid’ meeting notice
The board of the £740m Baillie Gifford-managed trust is set to gain some time after Saba's proposals are delayed by an ‘operational technicality’.
Edinburgh Worldwide questions validity of Saba’s requisition
On 18 December 2024, Saba Capital Management, L.P. (“Saba”), wrote to the Board of Edinburgh Worldwide Investment Trust (the “Company”) with a requisi...
Christmas news round-up: ICG lifts gearing and Digital 9 divests
Over the Christmas period, ICG Enterprise increased borrowing, Majedie published positive annual results and Digital 9 raised proceeds to pay down debt.
Herald board fights back as date set for Saba showdown
Chair Andrew Joy warns investors that the US activist will destroy shareholder value if it wins control of the board and appoints itself as manager.
