Gresham House GBP470 million takeover by Searchlight backed by court
13th Dec 2023 14:34
(Alliance News) - Gresham House PLC on Wednesday said its takeover by Searchlight Capital Partners LP received court approval. Read More
(Alliance News) - Gresham House PLC on Wednesday said its takeover by Searchlight Capital Partners LP received court approval. Read More
Gresham 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
Baronsmead 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 More
Gresham 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
(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
(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 More
(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
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Alternative asset manager Gresham House PLC said on Monday that it has agreed to be taken over by Searchlight Capital Partners LP. Read More
(Alliance News) - Stock prices in London drifted into the red at Monday's open, as investors digested the latest set of concerning economic data from China, and awaited more earnings from big US companies. Read More
(Alliance News) - Stocks in London are called lower on Monday, after the latest data from China pointed to a slowing economic recovery. Read More
Gresham House PLC - London-based asset manager, focused on sustainable investments - Says trading in the first quarter of 2023 has been in line with expectations. Assets under management amount to GBP8.0 billion on March 31, up 2.6% from GBP7.8 billion on December 31. Chair Anthony Townsend says: "As markets continue to face many challenges, we are pleased to maintain positive growth across the business despite these challenging conditions. Our mix of asset classes delivers attractive financial returns alongside non-financial benefits resulting in an ongoing healthy pipeline of further investment from our clients." Read More
(Alliance News) - Gresham House PLC on Thursday reported an investment by Centrica PLC into one of its funds focused on clean and green energy. Read More