Retail investors to challenge Credit Suisse-UBS merger
‘Takeover of the second largest Swiss bank had the character of horse trading’
‘Takeover of the second largest Swiss bank had the character of horse trading’
The meeting was planned to give shareholders a vote on proposals made by Rock Investment
FTSE 250 Reit’s portfolio value rises to £3.2bn
FCA has granted approval for the proposed takeover
Purchase brings Progeny’s AUM to £8bn
CEO John Ions criticised the investor group’s proposal, accusing them of being ‘long on rhetoric’ but ‘short on detail’
The offer period was due to end on 25 July but was twice extended
Shareholders have until 4 August to weigh up the proposed takeover
The asset manager has also written to the Swiss Takeover Board
NewGAMe had urged shareholders to hold off on supporting the takeover
Offer at a 29.1% premium to the Liontrust proposal
The offer has been recommended by the Gresham board