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IN BRIEF: Alternative Credit Investments takeover sanctioned by court

11th Mar 2021 19:07

Alternative Credit Investments PLC - investor in credit assets and formerly known as Pollen Street Secured Lending PLC - Court has sanctioned the company's GBP639.2 million takeover by US-based Waterfall Asset Management, which was agreed in November 2020.

Alternative Credit's shares in London will be suspended on Monday next week, than delisted the day after.

Current stock price: 870.00 pence

Year-to-date change: up 0.2%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.

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