It feels like there will be quite a lot of corporate activity this year. It is only February and there has already been a fair amount. We have a number of clients who have specifically mentioned that they are looking for portfolios or corporate acquisitions as a way of gearing up quickly in size or to find value.
| less than a minute read
Norges rivals Lee with £245m Shaftesbury buy
Norges rivals Lee with £245m Shaftesbury buy
By David Hatcher22/02/2018 | Investment/financePrintDownloadShare
Norges Bank Investment Management has bought out Invesco’s stake in Shaftesbury to build a more dominant position in the company, narrowing the gap with its biggest shareholder Sammy Tak Lee.
The Norwegian sovereign wealth fund and second largest shareholder bought the 8.2% stake of the previously third largest shareholder at £9.70 per share. Norges now holds 20.86%.
/Passle/5a5609853d947616fc9f9485/SearchServiceImages/2024-02-12-14-17-57-474-65ca2895e9635b60ce2ab068.jpg)
After a prolonged and delayed legislative gestation period new developments in England will now have to provide a 10% net gain in...
/Passle/5a5609853d947616fc9f9485/SearchServiceImages/2024-03-12-10-58-02-690-65f0353ae719783e07ecfca3.jpg)
/Passle/5a5609853d947616fc9f9485/SearchServiceImages/2024-03-08-13-29-11-831-65eb12a7683f9034e0ab7386.jpg)
/Passle/5a5609853d947616fc9f9485/SearchServiceImages/2024-03-05-13-17-50-171-65e71b7e3243ffde485967f2.jpg)