Gresham House GBP470 million takeover by Searchlight backed by court
(Alliance News) - Gresham House PLC on Wednesday said its takeover by Searchlight Capital Partners LP received court approval.
Read moreWed, 28th Sep 2016 14:25
(Alliance News) - Gresham House PLC on Wednesday said its takeover by Searchlight Capital Partners LP received court approval.
Read moreGresham House PLC - investor in utility-scale battery energy storage systems - Receives approval from the Central Bank of Ireland in respect of the change in control of Gresham House Asset Management Ireland Ltd upon the acquisition by Searchlight Capital Partners LP. Means all regulatory conditions surrounding the bid have been satisfied or waived. Acquisition remains subject to the Court's sanction of the scheme at the court hearing, which is expected to take place on December 13. Scheme is expected to become effective on December 19.
Read more(Sharecast News) - Gresham House and Bidco announced a significant development in their ongoing acquisition process on Thursday, having received approval from the Central Bank of Ireland (CBI) for the proposed change in control related to the acquisition.
Read moreBaronsmead Venture Trust PLC and Baronsmead Second Venture Trust PLC - UK-focused venture capital trusts managed by Gresham House PLC - Plan to raise GBP15 million each in share subscription offer, with an over-allotment facility for a up to a further GBP10 million each. The share offers are expected to be launched at the beginning of December.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read moreGresham House PLC - London-based alternative asset manager - Takeover by US-based private equity and debt investor Searchlight Capital Partners LP gets approval from UK Financial Conduct Authority. Gresham House shareholders voted for the deal at the end of August, so only a few regulatory conditions remain. The acquisition is expected to be completed by early 2024. The deal announced back in July will see Gresham House become a portfolio company alongside other investments of funds advised by Searchlight. The funds are paying 1,105 pence per share, valuing Gresham House at GBP440.6 million on an enterprise value basis.
Read more(Sharecast News) - Gresham House announced a critical regulatory approval for its planned acquisition by an entity consisting of funds directed by Searchlight Capital Partners, dubbed 'Bidco', on Tuesday.
Read more(Alliance News) - Gresham House PLC on Thursday reported a higher interim profit, net asset value and more assets under management, as it hailed its long-term plan.
Read more(Sharecast News) - Alternative asset manager Gresham House reported 5% growth in assets under management in its first half on Thursday, to £8.3bn.
Read more(Alliance News) - Gresham House PLC on Wednesday said that its shareholders approved the planned takeover by US-based private equity and debt investor Searchlight Capital Partners LP.
Read moreThursday 24 August | |
Ananda Developments PLC | AGM |
Concurrent Technologies PLC | AGM |
CyanConnode Holdings PLC | AGM |
Nuformix PLC | AGM |
Oryx International Growth Fund Ltd | AGM |
ThomasLloyd Energy Impact Trust PLC | AGM |
ThomasLloyd Energy Impact Trust PLC | GM re market purchases of its own ordinary shares |
Friday 25 August | |
Honye Financial Services Ltd | AGM |
Iconic Labs PLC | AGM |
Ormonde Mining PLC | AGM |
Ormonde Mining PLC | EGM re AIM delisting and proposed investment in TRU Precious Metals Corp |
Monday 28 August | |
no events scheduled | |
Tuesday 29 August | |
Axiom European Financial Debt Fund Ltd | EGM re liquidation of the company |
Livermore Investments Group Ltd | AGM |
TomCo Energy PLC | AGM |
Wednesday 30 August | |
Esken Ltd | AGM |
Gfinity PLC | GM re share capital reorganisation |
Global Connectivity PLC | AGM |
Gresham House PLC | GM re takeover |
Kinovo PLC | AGM |
Lindsell Train Investment Trust PLC | AGM |
Vistry Group PLC | GM re directors' remuneration policy |
WANdisco PLC | AGM |
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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - Gresham House Energy Storage Fund PLC on Monday noted that Gresham House PLC has agreed to be taken over by Searchlight Capital Partners LP.
Read more(Alliance News) - China's economy expanded at an unimpressive pace, bringing growth fears for the world's second-largest economy to the fore again and ensuring equities kicked off the new week on the back foot.
Read more(Sharecast News) - Asset manager Gresham House has agreed to be taken over by US investment firm Searchlight Capital in a £470m deal.
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