Close Brothers has rejected a takeover approach from Cenkos Securities. The Board of Close Brothe...
Close Brothers has rejected a takeover approach from Cenkos Securities. The Board of Close Brothers confirmed it received an approach from a consortium of Cenkos Securities and Landsbanki at of 950 pence per share, on 7 November. However, it rejected the offer, saying it was wholly inadequate.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes