Scots Stocks: Tosca Happy to Sing Aam's Praises, but City Still Marks Stock Down
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Summary
TOSCAFUND, the London hedge fund manager just can't seem to get enough of Aberdeen Asset Management. The fund bought around 39 million shares in AAM on Thursday and now holds more than a quarter of the company.
While there appears to be nothing preventing a takeover attempt, it all seems very friendly. Tosca reiterated its comments that AAM was an "excellent global fund manager" yesterday. The market appeared unmoved, with AAM closing down 2.5p at 134p.See the full content of this document
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Scots Stocks: Tosca Happy to Sing Aam's Praises, but City Still Marks Stock Down
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