Aurora Investment Trust PLC (GB:ARR) has released an update.
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Aurora Investment Trust PLC is set to expand its portfolio by acquiring approximately £100 million of net assets from Artemis Alpha Trust, issuing over 38 million new shares to Artemis Alpha shareholders as part of the deal. The new shares are expected to begin trading on the London Stock Exchange on December 2, 2024. In conjunction with this, the company is rebranding itself as Aurora UK Alpha PLC.
For further insights into GB:ARR stock, check out TipRanks’ Stock Analysis page.
