Posts tagged: Invesco

The odd goings-on ahead of this £750 million Northgate-Redde merger...

Friday, 29 November 2019, 2:20 pm

The market was a tad surprised by this morning's announcement about Northgate's all-share merger of Redde, which provides replacement vehicle, repair and recovery services to insurance company customers.

Not least because just a couple of days ago around 45 million Redde shares changed hands, which effectively saw Neil Woodford's defunct outfit (now controlled by Blackrock) and his old colleague Mark Barnett of Invesco Perputual cleared out (or partially cleared out) of the stock...

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