Tavistock
40% of Tavistock shareholders reject Jersey fund M&A bid
Board does not see any ‘commercial logic to justify a combination of the two businesses’
Tavistock slams Jersey fund M&A bid as ‘unwelcome distraction’
It believes that the offer is ‘significantly below the value of the company’s assets’
More Tavistock shareholders back Jersey fund M&A bid
Days after six of them sent letters of intent to support the offer
Jersey fund persists in its bid to acquire Tavistock Investments
The wealth firm previously rejected an offer which it said ‘undervalued’ the business
UK wealth manager hits back after £15.2m bid refused
Approach letter was ‘unsolicited’ and ‘non-binding’ and proposal ‘significantly undervalued’ the firm
