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IN BRIEF: JPMorgan Multi-Asset shareholders back JGGI deal

Mon, 18th Mar 2024 20:09

JPMorgan Multi-Asset Growth & Income PLC - investor with "diversified multi-asset portfolio" - Says just over 98% of shareholders back JPMorgan Global Growth & Income PLC merger at general meeting on Monday. Says trading of shares to be suspended on March 25. The merger, announced in January, will be conducted through the voluntary liquidation of JPMorgan Multi-Asset and the transfer of its assets to JPMorgan Global Growth & Income. JPMorgan Multi-Asset shareholders will receive new JGGI shares.

JPMorgan Multi-Asset Growth & Income current stock price: 101.70 pence

12-month change: up 12%

JPMorgan Global Growth & Income current stock price: 551.00 pence

12-month change: up 24%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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