Matthew Read comments on SMT’s proposals in Chris Dorrell’s article: “There may be instances where being unable to support subsequent funding rounds could be detrimental, either because value-accretive follow-on investments cannot be made or because SMT’s stake in successful companies could be diluted if it is unable to maintain its position,” Read the article here
James Carthew comments on Saba and the IEM exit tender offer in Tara O’Connor’s article: “Saba, through its intransigence and determination to ride roughshod over the wishes of other shareholders, has brought about the end of a unique trust… “In my view, IEM shareholders should vote in favour of the tender and tender all their […]
James Carthew comments on Saba and the IEM exit tender in Michael Nelson’s article: “Saba, through its intransigence and determination to ride roughshod over the wishes of other shareholders, has brought about the end of a unique trust..In my view, IEM shareholders should vote in favour of the tender and tender all their shares. The […]
James Carthew comments on the IEM tender in Lauren Hardy’s article “Saba, through its intransigence and determination to ride roughshod over the wishes of other shareholders, has brought about the end of a unique trust. In my view, IEM shareholders should vote in favour of the tender and tender all their shares..” Read the article […]
James Carthew: Saba has killed a trust that investors wanted – and for nothing Saba has strong-armed the end of Edinburgh Worldwide against the wishes of almost all other shareholders, and it may be left with no assets under management to extract fees. We have reached the point in the Saba saga where it is […]
James Carthew comments on EWI’s 100% tender plans in Jane Denton’s article: He said EWIT had pressed the “self-destruct button”. “Assuming that Saba does not tender its shares – and reports suggest that it will not – shareholders who tender their shares can get 85 per cent cash and 15 per cent in a deferred […]
James Carthew: 3i Infra is thriving, but its shareholders have trust issues The £3.2bn trust has been sealing lucrative sales, but the memory of its written off stake in DNS:NET is holding the share price back. 3i Infrastructure (3IN) announced the sale of TCR for €1.14bn last week – a 22% premium to its carrying […]