Schroders Capital Global Innovation (INOV) has announced that its portfolio company Carmot Therapeutics Inc., a clinical-stage biotechnology company dedicated to developing life-changing therapeutics for people living with metabolic diseases including obesity and diabetes, entered into a definitive agreement to be acquired by Roche, on 3 December 2023. Roche is acquiring Carmot at a purchase price […]
Barings Emerging EMEA Opportunities (BEMO) has announced its annual results for the year ended 30 September 2023, during which it provided an NAV total return of 0.5% and a share price total return of -8.8%, which compare to a return on its benchmark of -3.4%. The NAV’s outperformance can largely be attributed to stock selection […]
In QuotedData’s morning briefing 8 December 2023: Barings Emerging EMEA Opportunities (BEMO) says that, earlier this year, Russian retailer Magnit announced a tender offer of its shares. After seeking legal advice that participation in the transaction would be permissible under the current sanctions regime, BEMO applied to tender its shares and has confirmed that its […]
In QuotedData’s morning briefing 1 December 2023: Bluefield Solar (BSIF) has announced a number of changes to the roles and responsibilities of some of its directors. First, Chris Waldron has now been appointed as a non-executive director of BSIF with effect from 1 December 2023. He has also been appointed to each of BSIF’s established […]
Digital 9 Infrastructure (DGI9) has announced that it has entered into a definitive agreement to sell its entire stake in the Verne Global group to funds managed or advised by Ardian France SA for up to US$575m (approximately £456m). The sale price has deferred and contingent elements as explained below. There are also a number […]
Abrdn China Investment Company (ACIC) and Fidelity China Special Situations (FCSS) have announced proposals to merge ACIC into FCSS. This will be implemented via a voluntary wind up and reconstruction of ACIC that will see a transfer of part of its cash and into FCSS in exchange for new FCSS shares. Assuming that the merger, […]
Baillie Gifford European Growth (BGEU) has published its annual results for the year ended 30 September 2023, during which it provided NAV and share price total returns of 8.3% and 8.6% respectively, but these were significantly behind its benchmark, the FTSE Europe ex UK Index, which it says returned 20.5% (all figures in sterling terms). […]
In QuotedData’s morning briefing 17 November 2023: Schroder British Opportunities (SBO) has announced that EasyPark Group, one of its private investments, intends to acquire Flowbird Group, which it describes as “a global mobility player providing integrated parking and transportation solutions”. Flowbird Group operates under the brands Flowbird, YourParkingSpace, TPARK, Extenso Cloud, and Yellowbrick. It provides equipment […]
AVI Global Trust has announced its annual results for the year ended 30 September 2023, during which it has provided NAV and share price total returns of 15.3% and 14.8% respectively, both comfortably ahead of its comparator benchmarks, the MSCI All Country World Index and the MSCI All Country World ex-US Index, which returned 10.5% […]
Volta Finance (VTA) has published its annual results for the year ended 31 July 2023, during which its NAV per share has grown to €6.45 at 31 July 2023, an increase of 3.7% on the €6.22 recorded at 31 July 2022, and the dividend has been maintained at 8.0% of NAV, equating to a yield […]
