Q: I understand that WCP and VRN have announced a merger in an all stock deal to take place in May 2025.
For those of us that own both stocks, is this considered very good news and what are your expectations in terms of potential short and medium term returns?
Thank you and I'll wait your response.
Francesco
For those of us that own both stocks, is this considered very good news and what are your expectations in terms of potential short and medium term returns?
Thank you and I'll wait your response.
Francesco
5i Research Answer:
It is essentially a merger of equals: VRN shareholders will get 1.05 shares of WCP for each VRN...