On 25 July, JPMorgan European Discovery published details of a tender offer for 15% of its shares. Today, it has revealed that 81,976,778 shares were tendered, almost four times the maximum 21,160,028 shares that the company intends to buy back. As not everyone tendered, anyone who tendered 15% or less of their shareholding will get … Continue reading JPMorgan European Discovery tender four times oversubscribed