TILLIT scraps Darwall’s European Opportunities trust over ‘structural challenges’
Its shift of investment strategy, ‘disrupting’ tender offer and pressure from activist shareholders has led to ‘waning confidence’
tender offer
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Baillie Gifford China Growth introduces tender offer of up to 100%
Shareholders will be eligible if the trust underperforms its benchmark between 29 November 2024 and 30 November 2028