Funds News 

John Laing Infrastructure shareholders to vote on cash bid

John Laing Infrastructure shareholders to vote on cash bid

John Laing Infrastructure Fund's (JLIF) board has recommended shareholders accept a takeover offer by institutional investors Dalmore Capital and Equitix Investment Management. They are offering 142.5p a share with a dividend of 3.57p for the six-month period ended 30 June 2018 – in total 146.07p a share. These are the terms they had originally suggested in July.

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