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Alliance and Witan to join forces in £5bn merger

By Abigail Townsend

Date: Wednesday 26 Jun 2024

(Sharecast News) - Alliance Trust and Witan Investment Trust are to join forces, the British firms announced on Wednesday, creating a major new £5bn vehicle.
The investment trusts said the merged firm, to be called Alliance Witan, would likely qualify for inclusion in the FTSE 100.

In a statement, the...

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