IN BRIEF: Impax Environmental exit tender attracts 78% of shares
Impax Environmental Markets PLC - London-based trust investing in companies enabling the cleaner delivery of basic needs or mitigating environmental risks such as pollution and climate change - Says 148.2 million shares were tendered in its exit offer, representing around 78% of shares in issue. Company believes activist investor Saba Capital Management LP has tendered the majority, if not all, of its stake. Tender price to be announced by end of May following asset realisation. Read More