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
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Manager Chris Field says DMGT is worth double what the Rothmere family are willing to pay
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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%.
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Fund managers Blake Hutchins and Nick Train are keeping the faith with Daily Mail and General Trust (DMGT) despite its recent stock price wobble.
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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”.
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