Arrow signals intent to accept £545m bid proposal
8th Mar 2021 09:28
(Sharecast News) - Arrow Global said was it was likely to accept an improved bid proposal from TDR Capital valuing the company at about £545m.
Read moreArrow founder supports fourth TDR bid approach
8th Feb 2021 07:54
(Sharecast News) - Arrow Global shares soared after private equity firm TDR Capital said it made a fourth approach to buy the company that was supported by Arrow's founder.
Read moreArrow scraps dividend to save £15m in virus turmoil
6th Apr 2020 11:54
(Sharecast News) - Arrow Global has scrapped its final dividend to save £15m and withdrawn financial guidance in response to uncertainty caused by the Covid-19 crisis.
Read moreArrow Global reports record investment volumes in 2019
12th Mar 2020 16:09
(Sharecast News) - Arrow Global Group reported record investment volumes of ?303.7m in its full-year results on Thursday, with investment volumes at a consistent 17% net internal rate of return.
Read moreWednesday broker round-up
18th Dec 2019 13:25
(Sharecast News) - Cairn Energy: Morgan Stanley upgrades to overweight with a target price of 246p.
Read moreTuesday broker round-up
2nd Apr 2019 12:14
(Sharecast News) - easyJet: Berenberg upgrades to hold with a target price of 1,040p.
Read moreArrow Global's appoints ex Virgin Money CFO as CEO
7th Dec 2016 09:23
(ShareCast News) - Arrow Global, a provider of debt purchase and receivable management, announced that Tom Drury has decided to step down as chief executive after five years performing the role. Former chief financial officer of Virgin Money Lee Rochford will replace Drury as CEO and board director
Read moreArrow acquires Italian Zenith Service spa for €17m
6th Dec 2016 09:35
(ShareCast News) - Arrow Global group, a purchaser and manager of debt, agreed terms to acquire Italian financial services company Zenith Service Spa for an enterprise value of €17m, as part of an effort to enter the Italian market worth €168bn. The acquisition of Zenith, subject to regulatory appro
Read moreArrow Global's nine-month profit falls; on track to deliver in-line FY earnings
9th Nov 2016 15:38
(ShareCast News) - Arrow Global has turned in a nine-month pretax profit of £14.2m, from a year-earlier's profit of £25.9m, and said it is on track to deliver full-year earnings in-line with its forecasts. "Arrow Global continues to expand its European footprint and client offering across attractive
Read moreMonday broker round-up
17th Oct 2016 10:15
(ShareCast News) - Coca Cola Hellenic: Jefferies keeps at buy with a target price of 2100p. Jupiter Fund Management: Societe Generale downgrades to hold, 490p target. Aveva: Barclays keeps at equal-weight with a 1450p target. Arrow Global: Numis upgrades to buy with a 405p target. Close Brothers
Read moreWednesday broker round-up
12th Oct 2016 14:40
(ShareCast News) - Shire: Goldman Sachs keeps at buy with a target price of 6300p. Page Group: HSBC reiterates hold, 385p target. McCarthy & Stone: UBS keeps at sell with a 150p target. Arrow Global: Macquarie reiterates outperform with a 335p target. Electrocomponents: Citigroup keeps at neutral
Read moreWednesday broker round-up
21st Sep 2016 10:57
(ShareCast News) - Barclays: HSBC upgrades to buy with a target price of 190p. Reckitt Benckiser: UBS keeps at buy, 8000p target. Go-Ahead: Deutsche Bank keeps at buy with a 2330p target. Kingfisher: HSBC reiterates hold with a 365p target. BHP Billition: Barclays keeps at equal-weight with a 990
Read moreWednesday broker round-up
15th Jun 2016 15:32
(ShareCast News) - Arrow Global Group: Goldman Sachs reiterates buy with a target price of 340p. Crest Nicholson: JP Morgan keeps at overweight with a 700p target. Shire: Exane BNP Paribas stays at outperform with a target price of 5700p and Jefferies keeps at buy with a target price of 5500p. Woo
Read moreThursday broker round-up
25th Feb 2016 13:08
(ShareCast News) - Petrofac: Jefferies upgrades buy with a target price of 855p, JP Morgan reiterates overweight with a target of 944p and Citigroup stays at buy. Merlin Entertaiments: Panmure Gordon reiterates buy with a target price of 480 and Shore Capital stays at hold. Wentworth Resources: Inv
Read moreArrow Global executives sell up as IPO lock-up expires
13th Oct 2015 16:38
(ShareCast News) - Arrow Global Group's executive team have all sold up a portion of their stake in the company following the expiry of the two year initial public offering (IPO) lock-up. In total, 8.1m shares of the debt collection agency were sold through Jefferies International via an accelerated
Read more