Posts tagged: Merian

The Jupiter / Merian deal ... - Part 3

Tuesday, 18 February 2020, 12:58 pm

Well that didn't take long. From one asset management deal to the next in just 24 hours. The latest is in the US with Franklin Templeton buying Legg Mason for $6.5 billion.

The venerable Wall Street Journal got the "scoop" although one is often suspicious when the actual deal is announced just a few hours after publication...

Read more...

The Jupiter / Merian deal ... - Part 2

Monday, 17 February 2020, 7:20 pm

So, Jupiter shares surged 8.3pc to close at 429.9p following today's announcements.

Clearly, the market is willing to look past mediocre results if you have a deal up your sleave.

I suspect that will encourage other asset managers to carry out similar measures.....

Read more...

Bears get a mauling at NMC Health

Thursday, 22 August 2019, 8:59 am

Shares in NMC Health, the gulf-based hospital company, are up around 30pc this morning and some readers might be wondering why.

Well, the company is one of the most shorted stocks in the London market but this morning the FTSE 250-listed group announced unveiled half-year figures and a $200 million share buyback programme...

Read more...