James Carthew comments on the proposed merger between HICL and TRIG in Christian Mayes’ article: “Take two investment companies that are already amongst the largest, most liquid and diversified in their respective sectors, knock them together to create an infrastructure conglomerate with so many moving parts that it’s much harder to analyse, retain all the same assets and seemingly prioritise more of the same over discount control, pay out a token amount of cash, declare a focus on growth while raising the dividend, and what have you created?..”
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