Get Live Data
Less Ads, More Data, More Tools Register for FREE

Latest Share Chat

  2. Share Prices
  3. Caledonia Share Price
  4. Caledonia Share News
  5. PRESS: Caledonia Investments looking to sell fund manager 7IM

Pin to quick picksCaledonia Share News (CLDN)

Caledonia Information

Share Price Information for Caledonia (CLDN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3,400.00
Bid: 3,395.00
Ask: 3,415.00
Change: 10.00 (0.29%)
Spread: 20.00 (0.589%)
Open: 3,330.00
High: 3,400.00
Low: 3,330.00
Prev. Close: 3,390.00
CLDN Live PriceLast checked at -
Caledonia is an Investment Trust

To grow net assets and dividends over the long term, whilst managing risk to avoid permanent loss of capital.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PRESS: Caledonia Investments looking to sell fund manager 7IM

Thu, 16th Jun 2022 21:20

(Alliance News) - Caledonia Investments PLC has appointed investment bank Evercore Partners to oversee the sale of its boutique fund manager 7IM for around GBP400 million, Sky News reported on Thursday.

According to sources, the FTSE 250 listed investment trust is planning to launch an auction of 7IM in the autumn, although there the possibility that it could be delayed if market conditions remain unattractive.

In February, Sky News reported that Caledonia Investments had rejected a GBP300 million offer from asset manager Brooks Macdonald for the business.

Caledonia has owned 7IM for seven years, after acquiring the company in 2015 for GBP100 million.

https://news.sky.com/story/caledonia-prepares-400m-auction-of-investment-manager-7im-12635131

Shares in Caledonia Investments closed 3.9% lower at 3,625.00 pence on Thursday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
10 Jun 2019 09:19

Caledonia Investments snaps up Gauntlet Insurance director

(Sharecast News) - Caledonia Investments on Monday confirmed that Claire Fitzalan Howard will join the company as an independent non-executive director with effect from 22 July.

Read more
29 May 2019 08:54

Caledonia Investments Outperforms Annual Targets On Strong Returns

LONDON (Alliance News) - Caledonia Investments PLC lifted its dividend on Wednesday as it saw a total return ahead of inflation for the year, on strong portfolio returns and a strengthening US the

Read more
22 May 2019 16:12

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 23 May United UtilitesFull Year ResultsMothercareFull Year REITFull 24

Read more
29 Jan 2019 16:12

Director dealings: Caledonia Investments directors increase holdings

(Sharecast News) - Three directors of Caledonia Investments upped their stake in the FTSE 250 resident on Tuesday.

Read more
16 Jan 2019 17:13

DIRECTOR DEALINGS SUMMARY: Caledonia Investments Chief Buys Shares

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday.----------Caledonia Investments said that a number of investors, closely a

Read more
16 Jan 2019 14:22

DIRECTOR DEALING: Caledonia Investments CEO Associates Buy Shares

LONDON (Alliance News) - Caledonia Investments PLC said that a number of investors, closely associated with Chief Executive William Wyatt, bought shares on Tuesday.Dunchurch Lodge Stud Co,

Read more
7 Jan 2019 08:17

BBA Aviation Appoints Two New Non-Executive Directors

LONDON (Alliance News) - BBA Aviation PLC said Monday it appointed two new non-executive directors who will join its board immediately.The FTSE 250-listed provider of global aviation said a

Read more
21 Dec 2018 10:17

Caledonia Investments to take minority stake in Stonehage Fleming

(Sharecast News) - Caledonia Investments has agreed terms to acquire a minority stake in independently-owned family office Stonehage Fleming Family & Partners, it announced on Friday

Read more
22 Nov 2018 10:05

Caledonia Investments H1 NAV up despite equity volatility

(Sharecast News) - Caledonia Investments said first half net asset value per share total return rose 9.8% and net assets grew 8.9% to £2bn.

Read more
22 Nov 2018 09:58

Caledonia Investments Has Strong First Half As All Portfolios Do Well

LONDON (Alliance News) - Caledonia Investments PLC on Thursday said all four of its investments areas performed strongly, boosting its interim total return.For the six months to September,

Read more
19 Nov 2018 11:50

Chemring Appoints Caledonia Investments Finance Director King To Board

LONDON (Alliance News) - Chemring Group PLC said Monday it has appointed Caledonia Investments PLC Finance Director Stephen King as non-executive director, effective December 1.King also as

Read more
23 Oct 2018 08:37

Caledonia Investments Pockets GBP99 Million On Choice Care Sale

LONDON (Alliance News) - FTSE 250-listed investment firm Caledonia Investments PLC said Tuesday majority-held supported living services firm Choice Care Group was being sold for GBP152.5 million -

Read more
23 Oct 2018 08:14

Caledonia Investments sells supported living provider

(Sharecast News) - Caledonia Investments has sold supported living care provider Choice Care Group for net proceeds of £99.4m, five years after it was bought.

Read more
15 Oct 2018 08:52

Caledonia Investments Buys 99% Deep Sea Electronics Equity Stake (ALLISS)

LONDON (Alliance News) - Caledonia Investments PLC on Monday said it has acquired a majority equity stake in, and provided a bridging loan to, Deep Sea Electronics Ltd.Caledonia Investments

Read more
15 Oct 2018 07:08

Caledonia takes 99% stake in Deep Sea Electronics

(Sharecast News) - Caledonia Investments On Monday spent £117.2m for a 98.9% stake in Deep Sea Electronics in a transaction that values the business at £162.0m.

Read more
12345678910

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.