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abrdn Japan Equity Fund, Inc. (“JEQ”) Announces A Proposed Merger Into abrdn Global Infrastructure Income Fund (“ASGI”) And A Conditional Tender Offer

1. ASGI approved merger with JEQ, awaiting shareholder approval. 2. The merger may enhance ASGI's portfolio and market position.

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FAQ

Why Bullish?

Historically, mergers lead to portfolio diversification and potential revenue growth. For instance, similar fund reorganization events often result in increased share prices due to investor confidence.

How important is it?

The merger signifies potential growth and strategic realignment, but requires shareholder consent which adds a layer of uncertainty.

Why Long Term?

The full benefits of the merger may take time to materialize in ASGI's financial performance. Past mergers in the fund sector have shown sustained positive impacts over years.

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JEQ
PHILADELPHIA, PA / ACCESS Newswire / March 11, 2025 / The Boards of Trustees/Directors of abrdn Japan Equity Fund, Inc. (NYSE:JEQ) (the "Acquired Fund") and abrdn Global Infrastructure Income Fund (NYSE:ASGI) (the "Acquiring Fund") announce today that each have approved the merger of JEQ into ASGI (the "Reorganization"). The proposed Reorganization is subject to the receipt of necessary Acquired Fund shareholder approvals.

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