Oakley Capital sells Parship and Verivox – Oakley Capital Investments says that Oakley Capital Private Equity II has reached an agreement to sell its 38.5% stake in PARSHIP ELITE Group and 9.9% stake in Verivox to NuCom Group, ProSiebenSat.1’s Commerce unit. The agreement is subject to approval by the responsible antitrust authorities. Oakley Capital Investments will […]
Civitas Social Housing comments on First Priority Housing Association – Civitas Social Housing leases 45 properties to First Priority Housing Association. Regulator’s report The Regulator of Social Housing released a report last week that said: First Priority Housing Association Limited (4702) is a small Registered Provider of homes for a vulnerable client group, primarily adults […]
JPMorgan’s Multi-Asset Trust launch gets £81m rollover – The launch of JPMorgan Multi-Asset Trust (MATE) received a boost today with the news that approximately half of the shareholders of JPMorgan Income & Capital Trust (JPI) have voted to roll over into MATE. JPI is a split capital fund that has reached the end of its fixed term. The roll […]
John Laing Environmental Assets announces £30m bookbuild – Further to the announcement on 12 February 2018 of its intention to undertake a share issuance programme, JLEN has further announced that they will be targeting the raising of £30m via a bookbuild. This is to be used to repay amounts drawn under the revolving credit facility in order to finance […]
3I Infrastructure Board approves payment of the proposed special dividend. Further to the announcement made on 31 January 2018 of the Company’s intention to return surplus cash to shareholders, the Board of 3i Infrastructure (3IN LN) has approved the payment of a special dividend of £425 million. The Company will return £425 million to shareholders by […]
Greencoat Renewables buys Lisdowney wind farm – Greencoat Renewables has announced the acquisition of Lisdowney, a 9.2MW wind farm situated in County Kilkenny, for a total consideration of EUR22.5 million. Lisdowney wind farm consists of four Enercon E82 turbines. The wind farm was commissioned in November 2016 and its revenues are contracted under the REFIT […]
Aberdeen Emerging Markets announce positive news and developments – Aberdeen Emerging Markets Investment Company Limited (“AEMC”) has delivered its annual report and accounts to year ending 31st October 2017. In it they reported performance for the 12 month period, as well as some significant changes. Over the year to 31 October 2017, the company’s NAV total […]
Baker Steel Resources sells Prognoz Silver Mine – Baker Steel Resources Trust says that its largest investment, Polar Acquisition Limited has agreed to sell its 90% interest in Polar Silver Resources Limited to Polymetal International plc for US$72 million (to be satisfied in Polymetal shares). In January 2017, Polar sold a 10% stake in its subsidiary […]
Riverstone Energy sells Three Rivers III – Riverstone Holdings LLC, the Manager of Riverstone Energy Limited, has announced that it has agreed to the sale of 100% of the assets in Three Rivers Operating Company III LLC, an Austin, Texas-based oil and gas company focused on the Permian Basin. Riverstone formed Three Rivers III in […]
Ground Rents fund reinstates its double or inflation offer – On 21 December, the Government announced new measures in response to its leasehold market consultation. It proposed to introduce legislation to prohibit new-build leasehold houses and to set future residential ground rents to zero. It is also to consider introducing a ‘prescribed formula’ that would […]
