Advent Convertible And Income Fund shares rise 1.07% intraday after EU clears acquisition of Prosper Link.

Monday, Mar 24, 2025 3:41 pm ET1min read
AVK--
Advent Convertible And Income Fund rose 1.07% in intraday trading, with the European Commission clearing the acquisition of joint control of Prosper Link International by Advent International and Mubadala Investment. The transaction, which involves the manufacture and sale of lenses and lens care products, was concluded to not raise competition concerns, as the companies are not active in the same markets or in vertically related markets.

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