EWIT Rejects Saba's Takeover Bid, Urges Shareholders to Do Same
Update: 2025-12-17
Description
Edinburgh Worldwide Investment Trust urges shareholders to reject Saba Capitals second takeover attempt, citing potential risks to the companys future and lack of UK investment trust experience among proposed directors. EWIT highlights its strong performance and uncertain portfolio under Sabas control, as activist investors increasingly target UK investment companies.
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