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abrdn Smaller Companies completed the merger with Shires Income in a £35m deal.

Financials

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Transaction Value£35m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

Investment firm

Asset Managers and Custodians

United Kingdom

Acquisition

Domestic

Friendly

Merger

Majority

Private

Completed

Synopsis

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abrdn Smaller Companies, an investment trust, completed the merger with Shires Income, an investment company, in a £35m deal. “We are pleased to see a successful combination of ASCI and Shires, and we believe this will deliver significant benefits for the combined entity and its shareholders," Robert Talbut, Shires Chairman.

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