LondonMetric locks on LXi for £3.9bn merger
LondonMetric, a £2.1bn logistics fund that snapped up CT Property this year, has until 15 January to firm up its all-share approach for LXi, the £1.9bn owner of Alton Towers.
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Majedie chair reassures investors as fees double to £3.4m
Writing in the annual report chair Christopher Getley says the 2% ongoing charges fee would fall as the allocation to expensive external managers drops in 2024.
New US Solar manager provides light for investors with first deal
The 9.1% yielder's recently appointed manager Amber Infrastructure took advantage of rising renewable power prices to sign new contracts, injecting $7.6m to the asset value and boosting the dividend cover.
Debt fund GABI enjoys £35m boost from early loan repayment
GCP Asset Backed Income, which last week launched a strategic review after two failed deals with rivals, is bagging the proceeds of an early repayment of a large loan.
Digital 9 chair steps down as strategic review experts come in
Chair Phil Jordan and senior independent director Lisa Harrington of Digital 9 Infrastructure are stepping down, with seasoned non-executive directors Richard Boléat and Brett Miller hired in their place.
TwentyFour Select Monthly Income Fund has a performance rebound
TwentyFour Select Monthly Income Fund (SMIF) has released its annual results for the year ending 30 September 2023. Over the period SMIF reported a NA...
Majedie releases first results under new management
Majedie Investments (MAJE) has released its annual results for the year ending 30 September 2023, and is the first set of results to be released under...
James Carthew: Dramatic 2023 leaves sector radically different
Corporate action has continued at a rapid pace at the end of the year and the sector is in very different position than it was at the start of 2023, but there are burgeoning signals of optimism.
QuotedData’s morning briefing 18 December 2023
In QuotedData’s morning briefing 18 December 2023: US Solar (USF) has announced that six of its Oregon projects have signed new long-term contracts to...
QD view – An early Christmas present
An early Christmas present We hope that all of our readers are getting into the festive spirit, and to help with that the gracious team at JPMorgan ha...
PRA halves capital requirements for market makers in trusts
Prudential Regulation Authority lowers the amount of capital brokers need to hold to make markets in investment companies, a move that could improve liquidity in the sector.
Gore Street eyes asset sale to prove its wide discount is wrong
With its shares trailing on a 27% discount after a volatile half year, Gore Street Energy Storage is open to selling one of its assets to demonstrate the soundness of its valuations.
