City grandees launch bid to unseat Urban Logistics chair Investing An investment trust run by City grandees has called a shareholder vote to unseat the chair and two directors of Urban Logistics REIT. City veterans Christopher Mills and Robert Naylor run Achilles Investment Company, and have banded together with Waverton Investment Management, TR Property Investment Trust and Harwood Capital to launch the takeover. Naylor and [...]
Mark Kleinman: CMA revamp to spur boom for M&A bankers Opinion Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles changes at the CMA, Achilles’ new target, and a logistics funding boost. Will there even be a competition regulator at this rate? After this week’s latest summons to Downing Street for a [...]
Former Hipgnosis duo set to float trust on London Stock Exchange Investing Achilles Investment Company is set to start trading on the London Stock Exchange tomorrow after raising £54m to make an activist push against struggling investment trusts. The trust, run by City veterans Christopher Mills and Robert Naylor at Harwood Capital, would be the first investment trust float on UK markets since 2023. Naylor and Mills [...]