Majedie shoots down revised offer to take Daily Mail owner private
Rothmere family has upped its bid to snap up the remaining two thirds of DMGT shares for 270p a piece
Rothmere family has upped its bid to snap up the remaining two thirds of DMGT shares for 270p a piece
Manager Chris Field says DMGT is worth double what the Rothmere family are willing to pay
Daily Mail & General Trust (DMGT) and Burberry weighed heavy on Nick Train’s Finsbury Growth and Income Trust last November, lowering its net asset value (NAV) by 1%.
Fund managers Blake Hutchins and Nick Train are keeping the faith with Daily Mail and General Trust (DMGT) despite its recent stock price wobble.
Investec’s Blake Hutchins has upped his fund’s exposure to British American Tobacco (BAT) and Daily Mail and General Trust (DMGT) on the belief they are “undervalued and underappreciated”.