Posts tagged: Colombia Threadneedle

Is Colombia Threadneedle willing to back Melrose's £7.5 billion (now £8.1 billion) offer - part 2

Monday, 12 March 2018, 8:27 pm

David Cumming, head of equities for Aviva, today stated he is supporting Melrose's fresh £8.1 billion offer for GKN.

The question is whether other big GKN shareholders - such as Colombia Threadneedle or Standard Life Aberdeen - will publicly back the turnaround investor's bid for GKN?

Watching, again.....


Is Colombia Theadneedle willing to back Melrose's £7.5 hostile takeover approach for GKN?

Wednesday, 7 March 2018, 7:01 pm

The reason Betaville posits the question is reliable sources suggested the fund manager, one of the larger GKN shareholders, may be willing to support Melrose if it bumps its hostile offer a tad.

However, when Betaville put this to a spokesperson for Colombia Threadneedle last week the official response from investment firm was:

“We have not made a decision yet.”