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FCAM F&C Asset Man

119.70
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
F&C Asset Man LSE:FCAM London Ordinary Share GB0004658141 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 119.70 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Elliott Takes Derivative Stake in F&C Management -FT

26/02/2014 5:16pm

Dow Jones News


F&c Asset Management (LSE:FCAM)
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Hedge fund Elliott Management Corp. has accumulated an 11% derivatives stake in F&C Asset Management PLC (FCAFY), which is in the process of being acquired by Bank of Montreal (BMO), The Financial Times reported Wednesday.

In January, BMO agreed to acquire F&C for GBP708 million, the FT said. Elliott's derivative exposure is equal to about 63.8 million ordinary shares, or just under 11%, according to a filing.

Full story at http://www.ft.com/intl/fastft

Write to nymonitoring@dowjones.com

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