AVI Japan Opportunity Trust Launches Tender Offer for Broadmedia Corporation
The investment trust is making a partial tender offer for a portfolio company, aiming to increase its stake.
The investment trust is making a partial tender offer for a portfolio company, aiming to increase its stake.
The investment trust is offering shareholders the opportunity to tender their shares for sale at a discount to net asset value.
The asset management firm has disclosed a change in its shareholding in the investment trust.
The investment trust has announced changes to its major shareholders.
The investment trust has received a notification of a change in major shareholding.
The investment trust is acquiring £184 million of net assets from another fund in exchange for new shares, representing a 44.7% increase in its share capital.
The investment manager of the AVI Japan Opportunity Trust has sold a portion of its shareholding in the trust, citing tax efficiency reasons.
The investment trust provides an update on its proposed combination with Fidelity Japan Trust, which aims to improve liquidity and lower ongoing charges.
The investment trust has appointed a new non-executive director to its board.
The investment manager of this trust has increased its stake, but the announcement does not contain any major news that would significantly impact the company's performance.