Caledonia's NAV rises as it hedges against Brexit uncertainity
24th Nov 2016 08:19
(ShareCast News) - Investment trust Caledonia's interim net asset value rose as it hedged against Brexit uncertainty through a balance of UK and overseas investments. The company's portfolio of UK and overseas businesses and funds was a hedge through the period of uncertainty in the wake of the EU r
Read moreCaledonia Investments lifts FY NAV against equity market uncertainty
19th May 2016 11:15
(ShareCast News) - Caledonia Investments managed to raise its full year net asset value 1.1% to £1.64bn for a total return of 2.6% against a backdrop of falling markets and global uncertainty with the UK European Union referendum and US Presidential election looming this year. The annual dividend wa
Read moreCaledonia Investments sells 20% stake in B&W Group
3rd May 2016 11:07
(ShareCast News) - Caledonia Investments has sold its 20% stake in audio equipment manufacturer B&W Group for £24m in cash, and an accrued dividend of £500,000. The deal was part of the wider sale of Bowers & Wilkins to US-based technology company EVA Automation Inc. "Caledonia originally invested
Read moreThursday broker round-up
7th Apr 2016 15:32
(ShareCast News) - Zoopla: UBS downgrades to neutral with a target price of 260p. Caledonia Mining: Panmure Gordon downgrades to hold, 61p target. Burberry: RBC downgrades underperform with a target price of 1300p, JP Morgan reiterates neutral with a target of 1400p and UBS keeps at buy with a targ
Read moreCaledonia Investments posts uptick in third quarter NAV
7th Jan 2016 14:57
(ShareCast News) - Self-managed investment trust Caledonia Investments reported an uptick in net asset value for the quarter ended 31 December. NAV rose 2.8% to £1.60bn, while the NAV per share total return was 3.3%, bringing the year-to-date NAV to -0.6%. The company pointed out that unquoted inve
Read moreAcquisition of Gala Bingo completed by Caledonia Investments
21st Dec 2015 08:23
(ShareCast News) - Caledonia Investments' £241m acquisition of Gala Bingo has been completed after it was approved by the Gambling Commission. It follows the announcement of the deal in October, with Caledonia investing £92.3m in cash for 98.9% of Gala Bingo's equity. It's a slight variance from th
Read moreCaledonia Investment acquires Gala Bingo
26th Oct 2015 08:07
(ShareCast News) - Investment trust Caledonia Investment has completed the acquisition of retail bingo operator Gala Bingo from Gala Coral for £241m. Caledonia said on completion of the acquisition, which is still subject to regulatory approval and finalisation of a £155m debt facility, it will inve
Read moreCaledonia Investments sells stake in TGE Marine for £78.7m cash
28th Sep 2015 09:04
(ShareCast News) - Caledonia Investments has entered into a binding agreement for the sale of its stake in TGE Marine to MES Germany Beteiligungs, a wholly-owned subsidiary of Mitsui Engineering & Shipbuilding Co, for €106.9m, or £78.7m in cash. The investment vehicle said the payment for its 67.9%
Read moreCaledonia Investments posts strong NAV thanks to healthy portfolio
27th May 2015 08:15
Caledonia Investments saw its full-year net asset value (NAV) increase thanks to a strong investments portfolio. Its total NAV increased 14.2% while revenue rose 18% to 227.9m. Pre-tax profits were up 13% to £204.5m. The company posted strong returns driven by its unquoted and funds pools thanks to
Read moreCaledonia Investments NAV hits all-time high
25th Nov 2014 08:02
Caledonian Investments has shown encouraging progress in the six months to 30 September, generating a total return of 4.6%. The firm posted an impressive 17.7% net asset value (NAV) per share total return for the twelve months to 30 September. Net assets at the end of the six month period totalled
Read moreCaledonia Investments ups divi as annual NAV rises
28th May 2014 08:12
London-listed investment firm Caledonia Investments reported a dip in annual profits in the year ended March 31st, but raised its dividend after a decent increase in net asset value (NAV) during the period. Pre-tax profit for the year fell to £180.8m, down from £204.6m previously, as total revenues
Read moreEntertainment One Film President continues sale, Empresaria builds stake
10th Dec 2013 16:17
Patrice Theroux, the President of Film at Entertainment One, has reduced his stake in the entertainment company with the sale of 259,538 shares. The shares were traded in at 239.25p a time for a total value of £620,945. The transaction followed two other share sales of 665,462 at 240.1p on Decemb
Read moreOne sells as another buys on Winkworth board
29th Nov 2013 16:56
Winkworth, an AIM-listed franchisor of residential real estate agencies, announced deals made by two of its directors on Friday. Chief Executive Officer, Dominic Agace, acquired 3,000 shares at 163p each, taking his interest to 541,128, equal to a 4.3% stake. Meanwhile, the wife of Simon Agace,
Read moreCaledonia Investments buys Park Holidays UK
11th Nov 2013 14:00
Caledonia Investments has acquired Park Holidays UK, which owns and operates caravan parks in the south of England. Park Holidays has been run by its current management team of Jeff Sills, Al Loch and Tony Clish since January 2006, when they acquired the business from its founders through a manage
Read moreCaledonia Investments acquires Choice Care Group
7th Aug 2013 14:50
Caledonia Investments has acquired Choice Holdings, Truecare Holdings and Choice Pathways from Sovereign Capital. The acquisition of the three businesses, which together form Choice Care Group, was valued at £86m. Choice Care Group provides support services for adults with learning disabilities, m
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