15th Dec 2021 19:24
Oakley Capital Investments Ltd - investment trust - Notes that Oakley Capital Private Equity Fund III has agreed to sell its interest in information services platform TechInsights, from which Oakley Capital Investments will receive GBP60 million proceeds from the sale.
Oakley had first invested in TechInsights in 2017 as a carveout from AXIO Group, and the sale reflects a 134% premium to the interim carrying value of the investment in TechInsights.
Current stock price: 397.50 pence
Year-to-date change: up 39%
By Dayo Laniyan; [email protected]
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