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Tag: Alliance Trust

Dundee to remain head office

Alliance Trust Savings sold to Interactive Investor for £40m

Alliance Trust
Interactive Investor, the UK’s second largest investment platform, is acquiring Alliance Trust Savings from Alliance Trust, in a deal worth £40m. The acquisition includes Alliance Trust’s office building in Dundee,Read More

Change of owner possible

Talks under way on sale of Alliance Trust Savings

Lord Smith
Alliance Trust is in discussions with a number of bidders over a potential takeover of its savings business.

Company updates

Aviva going from ‘strength to strength’

Aviva
Aviva and Alliance Trust are among companies reporting today...

Major change at Dundee firm

Smith unveils radical shake-up of Alliance Trust

Lord Smith
Alliance Trust, the Dundee-based investment trust, is to offload some of its businesses in a major upheaval of its operations.

Review to continue

RIT decides against Alliance bid

Lord Smith
An asset manager pursuing Alliance Trust has decided not to table an offer for the Dundee based company. READ MORE

Takeover looms for Dundee company

Rothschild targets Alliance Trust for £5 billion merger

Lord Smith
Updated (31st): Alliance Trust has confirmed that it has received a merger approach from an investment vehicle run by Jacob Rothschild. READ MORE

Auditor under attack

Deloitte warned over Garrett-Cox error

Katherine Garrett-Cox 3
Alliance Trust has taken issue with auditor Deloitte after bonus payments for former CEO Katherine Garrett-Cox and previous finance director Alan Trotter were overstated. READ MORE

As I See It

Alliance shake up is triumph for rebel investor

Terry at Exchange
It's never nice for a company boss to suffer a personal setback and then see the share price rise. Alliance Trust announced this morning that chief executive Katherine Garrett-Cox is stepping down from the board and by lunchtime the shares were up 3%. READ MORE

Company unveils £6m cost-cutting plan

Garrett-Cox steps down from Alliance Trust board in shake-up

Katherine Garret-Cox is stepping down from the board of Alliance Trust in a £6 million cost-saving shake-up at the Dundee-based company. READ MORE

Trust moves to strengthen board

Former Ignis CEO is one of two directors joining Alliance

Karin Forseke
Alliance Trust has appointed former Ignis boss Chris Samuel and Karl Sternberg as non-executive directors in accordance with its agreement with shareholders to strengthen the board. The appointments come after a boardroom challengeRead More