Liontrust rakes in £830m ahead of Majedie acquisition
FTSE 250 fund group aims to complete takeover by April 2022
Source: portfolio-adviser.com
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FTSE 250 fund group aims to complete takeover by April 2022
Liontrust reported that their net inflows for the last quarter were £832m, up 5% from 2020, amid their proposed acquisition of Majedie
Liontrust has partnered with the Purpose Coalition on a Levelling Up Impact report
THE firm that manages the venerable Edinburgh Investment Trust has been acquired by a rival amid the consolidation process in the sector.
The acquisition is expected to boost diluted earnings per share from the financial year ending 31 March 2023