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IN BRIEF: Honeycomb Investment Confirms No Offer For Pollen Street

Thu, 03rd Sep 2020 19:37

Honeycomb Investment Trust PLC - London-based investment trust - Confirms that it does not plan to make an offer for Pollen Street Secured Lending PLC. First made a merger proposal in early August, however, in mid-August Pollen Street backed a cash offer from Waterfall Asset Management LLC, following its recent appointment as Pollen's investment manager.

Current stock price: 875.00 pence

Year-to-date change: down 10%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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