HgCapital Trust's £6m gain
10th Feb 2011 12:45
HgCapital Trust has made a £6m gain on the sale of its stake in SiTel Semiconductor. The investment will raise cash of £9.6m, against a book value of £3.6m at the end of November 2010. The uplift is worth an additional 16.3p a shave in net asset value - on a fully diluted basis. The investment was
Read moreIncoming Whitbread boss takes another slice
17th Nov 2010 17:56
Whitbread's incoming chief executive Andy Harrison has continued signalling his commitment to his new employers, spending nearly £500,000 on shares in the hotel and coffee shop operator. He bought 29,439 shares at 1,685.74 a time and now has 161,673. Harrison, who used to be chief executive at eas
Read moreResults round-up: Psion, Penna, 4imprint ...
4th Nov 2010 16:48
International mobile computing solutions company Psion said that trading is being negatively affected by current exchange rates affecting revenues and gross margins when compared with the first half. However, CEO John Conoley said the group has seen stronger demands for new products - with several
Read moreHG Capital's portfolio showing sales growth
6th Oct 2010 15:07
Private equity investment group HG Capital Trust has seen an improvement in the market for new buy-out investment in the last 12 months, with bank finance more freely available. Since 30 June 2010 the total return (net asset value - or NAV - per share plus dividend) increased by 2.2%, compared with
Read moreUPDATE: European Buyouts Power Ahead On Pass-the-Parcel Deals
2nd Aug 2010 16:11
(Adds detail.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European private equity buyouts continue to gather steam, with activity fueled by a string of "pass-the-parcel" deals in which private equity firms sell on to each other rather than trade buyers or to the public
Read moreEuropean Buyouts Power Ahead Boosted By Pass the Parcel Deals
2nd Aug 2010 13:28
LONDON (Dow Jones)--European private equity buyouts continue to gather steam with activity fueled by a string of 'pass the parcel' deals in which private equity firms sell on to each other rather than trade buyers or to the public markets in an initial public offering, according to a study released
Read moreHgCapital Beats Cinven For Bain's TeamSystem - Source
2nd Aug 2010 10:44
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Buyout firm HgCapital has beaten rival Cinven Group in bagging TeamSystem SpA, the Italian software company being sold by U.S. private equity firm Bain Capital LLC, a person familiar with the situation told Dow Jones Newswires on
Read moreSage Pulls Out Of Auction For Bain's TeamSystem - Source
30th Jul 2010 18:05
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--In a surprise move, Sage Group PLC (SGE.LN) has withdrawn from the auction for TeamSystem SpA, the Italian software company being sold by U.S. private equity firm Bain Capital LLC, a person familiar with the company told Dow Jones
Read moreBuyout Firms Wary On Cleantech Deals, Want Govt Assurance
29th Jul 2010 00:01
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Private equity firms want to invest in the cleantech sector but are holding back because a lack of regulatory control and government financial incentives makes it too risky, according to research released Friday. Investments in
Read morePrivate Equity Investors Ramp Up Interest In Green Funds-Study
20th Jul 2010 01:01
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Private equity investors are looking to increase their exposure to funds focused on renewable energy, clean technology and sustainability investments, on the basis that green investments will generate high financial returns, rese
Read moreUPDATE: Advent Out Of Bain Capital's TeamSystem Auction -Source
15th Jul 2010 17:29
(Adds detail) By Marietta Cauchi and Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Advent International is out of the auction for TeamSystem SpA, the Italian software company being sold by U.S. private equity firm Bain Capital LLC, a person familiar with the company told Dow J
Read moreHgCapital Buys Germany's Teufel Speakers In GBP60M Deal
30th Jun 2010 14:46
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--HgCapital Wednesday said it has bought Teufel Speakers GmbH from U.S. private equity firm The Riverside Company in a deal worth approximately GBP60 million. Teufel designs and retails loudspeaker systems in the mid to high-e
Read moreHG Capital Trust Buys Germany's Teufel Speakers For Undisclosed Sum
30th Jun 2010 09:52
LONDON (Dow Jones)--HG Capital Trust PLC (HGT.LN), the European sector focused private equity investor, said Wednesday it has agreed to acquire Teufel Speakers GmbH from US private equity firm Riverside for an undisclosed sum. MAIN FACTS: -Teufel is a designer and online retailer of loudspea
Read moreHg Capital Trust Plc Acquisition
30th Jun 2010 07:01
TIDMHGT RNS Number : 4913O HG Capital Trust PLC 30 June 2010 ? HgCapital has agreed to acquire a majority stake in Teufel Speakers GmbH on behalf of clients, including HgCapital Trust plc. The Trust, which is a listed investment trust giving private and institutional investors the opportunity
Read moreChief exec's wife sells Charles Taylor shares
15th Apr 2010 16:46
The wife of insurance services consultancy Charles Taylor Consulting's chief executive has raised £126,000 from a share disposal. John Rowe's wife, Janet, sold 60,000 shares at 210p each. The shares were sold on the day that they went ex-dividend. The dividend of 9.01p a share is being paid on 25
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