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Ashoka

  • Wickes jumps up to FTSE 250 as National Express owner axed

    Business

    Wickes is set to be promoted to the FTSE 250 amid a reshuffle by the London Stock Exchange, while firms such as Mobico, the owner of National Express, and Ferrexpo are expected to be relegated. Wickes has entered the index after its stock price has soared 35 per cent in the last three months, launching [...]

    Wickes has entered the FTSE 250 after its stock price has soared 35 per cent in the last three months
  • Small trust worth £30m moves in for £600m Abrdn Asia Dragon

    Investment trusts

    In a stock exchange announcement, Ashoka's trust said it had put forward a proposal to merge the two trusts, with the option of a cash exit of up to 50 per cent for Asia Dragon shareholders.

    Ashoka Whiteoak Emerging Markets, which launched in May of last year, is seeking to buy the Abrdn Asia Dragon trust.

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