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Investment

Platinum LIC turns down WAM bid

Platinum Capital (PMC) shareholders have rejected Wilson Asset Management's (WAM) bid to be the investment manager of the listed investment company (LIC) in the hope of replacing Platinum Asset Management.

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Read more: PMCL1 CapitalLICPlatinum Asset ManagementPlatinum CapitalWilson Asset ManagementL1 GroupJeff PetersRachel GrimesWAM GlobalAlphabetAstraZenecaDavid GrayDouglas FarrellGeoff WilsonGuy StrappJane StewartJulian MartinKerr NeilsonMark Landaumid-AugustNeil ChatfieldNovartisRaphael LammRichard CaldwellTSMCUnilever