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  • Abrdn Property Income chair blasts ‘misleading’ comments in bidding war

    Investment trusts

    Urban Logistics REIT has backed down from its bidding war over Abrdn Property Income trust after failing to make a formal offer for the real estate investment trust. Less than an hour before the 5pm deadline yesterday set out by the UK takeover code, the trust announced that it would not be proceeding with an [...]

    QuotedData property analyst Richard Williams argued yesterday that the Custodian merger no longer represented the best option for Abrdn Property Income shareholders.

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