Pollen Street Secured Lending PLC - London-based investor in credit assets originated by non-bank lending platforms and other originators of specialist lending assets - Waterfall Asset Management LLC granted a further extension to deadline to make takeover offer. Waterfall now has to make the offer by August 11 after the deadline was extended from Tuesday. Pollen Street says Waterfall remains committed to pursuing the offer, first announced back in February at a price of 900 pence per share. The company also says it has made progress on appointing a new investment manager and expects to make a further announcement about this in August.
Current stock price: 760.00 pence
Year-to-date change: down 8.4%
By Greg Roxburgh; gregroxburgh@alliancenews.com
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