Summary
THE war of words over the Martin Currie managed investment fund Securities Trust of Scotland has intensified, even as experts remain divided about the most lucrative course for investors in the pounds- 450 million trust.
In response to Perpetual Income & Growth's (Pigit) hostile bid two weeks ago, the board of STS last Wednesday issued counter proposals.See the full content of this document
Extract
No Victor yet As Securities Trust War of Words Goes On
The options, endorsed by STS advisers JP Morgan Cazenove, offered shareholders a 100-per cent cash exit at 112.5...
See the full content of this document
Sponsored links
