Today news
About the same in other media
BBGI Global Infrastructure agrees £1bn sale to BCI-linked special limited partnership
Reading now: 819
The cash offer, which is being unanimously recommended by the BBGI board and management to shareholders, will see Boswell pay 147.5p per BBGI share, valuing the trust at more than £1bn on a fully diluted basis. BBGI said the price represents a 21.1% premium to the 5 February closing price of 121.8p and a 20.1% premium to the three-month volume weighted average price of 122.9p. Over 90% of UK investment trusts ended 2024 on a discount Additionally, the trust noted the cash offer values BBGI at a 3.4% premium to its net asset value. According to data from the Association of Investmen...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
India leads global optimism on education and career growth: ETS report economictimes.indiatimes.com /2 days ago
Budget 2025: A blueprint for growth, resilience and global competitiveness economictimes.indiatimes.com /3 days ago
Budget 2025: TCS rationalisation to benefit investors willing to invest in global markets economictimes.indiatimes.com /5 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
