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LONDON (Alliance News) - Henderson International Income Trust PLC on Monday said it will acquire GBP95 million of net assets from Henderson Global Trust, while Bankers Investment Trust PLC will acquire GBP60 million.
HINT said it will issue 75.2 million new shares for those net assets, while Bankers will issue 9.4 million new shares.
Henderson Global Trust in March wrote to shareholders with proposals that would allow them to roll over their investment into HINT, Bankers Investment Trust PLC, or both. Henderson Global Trust wound up earlier in April.
Shares in HINT were up 0.3% at 121.70 pence Monday. Shares in Bankers were up 0.2% at 601.00p.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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