Alliance Trust and Witan Investment Trust merge to form Alliance Witan PLC, UK's largest-ever investment trust merger.
Alliance Trust PLC and Witan Investment Trust plc merge to form Alliance Witan PLC, in the UK's largest-ever investment trust merger. Alliance Trust's existing investment strategy remains unchanged, introducing a more competitive management fee structure and expected lower Ongoing Charges Ratio. The merged entity will offer enhanced dividend payments and an immediate uplift in market value for Witan shareholders.
June 26, 2024
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