Just goes to show what the experts at CityAM know!! Hope too many people didn't take their gloomy comments on-board as Merlin hits an all-time high after GIC takes it's stake to over 5%.ATB.
6 Mar '15
March 5 (Reuters) - Britain's Merlin Entertainments , the operator of Madame Tussauds waxworks and Legoland, said Singapore sovereign wealth fund GIC Private Ltd nearly doubled its stake in the company to about 5.2 percent. Merlin said on Thursday that GIC raised its holding to about 52.6 million shares from about 27.6 million. Private equity firms CVC and Blackstone launched a sale of about 156.5 million shares earlier this week. Shares of Merlin, the world's second largest operator of visitor attractions behind Walt Disney Co, closed up 2.8 percent at 426.5 pence on the London Stock Exchange. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)
4 Mar '15
Merlin Entertainments Owners offload £650 million in company: Legoland Owner Merlin Entertainments saw shares slump after its private equity backers sold over £650 million of stock.
27 Feb '15
Just love this recent addition to my PF.
26 Feb '15
Results look fine. 6.2p dividend for the year and likely to rise in future years - a very cash generative business.
14 Dec '14
questor said avoid when they floated over a year ago and i ignored it and really glad i did as currently 20% up plus a divi. Questor, what do you know!!!!
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.