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Merger announced yesterday (17 November)
To complete by 31 March 2026
Saba requisition cost £714,000
Launching on exchanges today
Rathbones and M&G also hold stakes
Will join from 31 October
Appetite for undervalued assets
Trading at 10.3% discount to NAV
Losing benefits of trust structure
Christopher Mills and Robert Naylor
18 November 2025
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3 min read
