Svg Capital ShareCast News (SVI)

SVG Capital's first quarter NAV rises

Private equity firm SVG Capital unveiled a 13 per cent increase in net asset value (NAV) to 443p for the first three months of the year buoyed by strong performance of its investment partner Permira.
[25 Apr '13]

SVG Capital reports success of tender offer

SVG Capital has said that 15.5m shares will be purchased at 420p each under the previously announced tender offer, completing the December 2011 capital return commitment.
[16 Apr '13]

Wednesday broker round-up UPDATE

: Panmure Gordon reduces target price from 2159p to 1742p and reiterates its hold recommendation.
[27 Feb '13]

London close: Stocks slip as growth concerns dampen sentiment

The FTSE 100 had picked up off its intraday low by the end of the session on Thursday, but a barrage of worse-than-expected economic growth figures from across the globe ensured that markets remained in negative territory.
[14 Feb '13]

FTSE 250 movers: Bumi falls as infighting continues ahead of vote

Bumi plc shares tumbled as co-founders of the coal miner financier Nathanial Rothschild and the Bakrie Group continued to butt heads over fate of the business. Shareholders are meeting next Thursday to vote on a proposal by Rothschild to replace members of the board. Furthermore, overnight shares of PT Bumi Resources rose to the highest in more than four months, rocketing higher by 26 per cent in Jakarta trading, after it requested a takeover panel to expedite inquiry into t
[14 Feb '13]

Thursday broker round-up UPDATE

African Barrick Gold: Deutsche Bank cuts target price from 410p to 340p, while staying with its hold recommendation. Investec reduces target price from 405p to 315p and downgrades from buy to hold. JP Morgan lowers target price from 370p to 290p and downgrades to underweight.
[14 Feb '13]

Tuesday broker round-up UPDATE

Alternative Networks: Westhouse Securities downgrades from add to neutral with a target price of 280p.
[5 Feb '13]

SVG completes placement of remaining shares in Galaxy Entertainment

SVG, the FTSE 250 private equity investor, has completed a fully underwritten placement of its remaining shares in Galaxy Entertainment Group, the Hong Kong listed casino and hotel operator.
[8 Nov '12]