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Alliance Trust and Witan in UK’s largest ever investment trust merger
Business Insider via Yahoo News UK· 5 days agoThe boards of Alliance Trust and Witan Investment Trust have entered into heads of terms for a combination of the two companies to create Alliance Witan ...
Alliance and Witan join forces to form new £5bn investment trust giant
This Is Money· 5 days agoTwo of Britain’s oldest investment trusts have revealed plans to merge in a deal that will create a...
London close: Stocks finish choppy day in the red
ShareCast· 5 days agoLondon stocks ended in negative territory on Wednesday, influenced by a downturn in retail sales data for June.
FTSE 250 movers: Future surges on Jeffries upgrade
ShareCast· 5 days agoFuture surged on Wednesday as Jefferies upgraded the shares to ‘buy’ from ‘underperform’ and hiked the price target to 1,280p from 635p. The bank said "signs of inflection and Growth Acceleration ...
FTSE 100 Live 26 June: Blue-chips finish lower, AO World profits surge, Phoenix mulls SunLife sale
Evening Standard via Yahoo Finance UK· 5 days agoAO World’s big jump in profits and the possible sale of SunLife are among today’s City developments....
Witan and Alliance Trust to merge, but is it a good deal for shareholders? | Trustnet
TrustNet· 5 days agoAlliance Trust and Witan are to join together in the biggest investment trust merger in history and create the industry’s sixth-largest investment
Investment giants to merge in boost to the City of London
Evening Standard· 6 days agoAlliance Trust, around since 1888, and Witan Investment Trust, around since 1909 are to join forces....
Alliance Trust-Witan merger makes sense for shareholders - analyst
Proactive Financial News· 6 days agoThe Alliance Trust PLC (LSE:ATST) and Witan Investment Trust plc (LSE:WTAN) merger "makes sense for shareholders", says Stifel, with attractive charges and...
Alliance Trust and Witan Deal Will be First of Many
Morningstar· 6 days agoClosed-ended investment companies can represent an attractive investment vehicle for investors. This permits a broader investment universe and some more...
UK's Alliance Trust and Witan to merge to create $6 billion fund firm
Reuters· 6 days ago, opens new tab have agreed to merge to create a company managing 5 billion pounds ($6.33 billion) of assets, in the latest example of consolidation in the fund management ...