SVG Capital

SVG Capital

SVG Capital News, Fundamentals and Discussion on:

Interactive Investor | Financial Times | ADVFN | Motley Fool | Proactive Investors | Bloomberg Markets
Ayondo
Ayondo

SVG Capital RNS, News & Media


Headline
10 Oct 2016
News - SVG Capital set for sale after Harbourvest offers to match Goldman from Proactive Investors
6 Oct 2016
News - Goldman Sachs seemingly lands knock-out blow for SVG from Proactive Investors
3 Oct 2016
News - Bid stock SVG confirms Goldman Sachs is kicking the tyres from Proactive Investors

SVG Capital 3 Month Chart


Enjoyed your visit? Earn a little social karma:

Share on Twitter Share on Facebook


Click for SVG Capital Discussion on ADVFN

SVG Capital Discussion on ADVFN

SVG Capital Discussion on Interactive Investor

Re: Next steps by Equity Share Lord

  Wed, 19 Oct 2016 14:13:00 GMT

Worst kite flying ever given that they ruled out coming back with a slightly bigger kite on day 1.


By Equity Share Lord



Re: Next steps by pike fisherman

  Tue, 18 Oct 2016 16:00:00 GMT

I expected 700p but not 715p. The 650p was much too low and flying a kite. Well done the board.

By pike fisherman



Over by farmerdave

  Tue, 18 Oct 2016 12:52:00 GMT

well done those hat held on

By farmerdave



Re: Next steps by Peermade

  Tue, 11 Oct 2016 14:52:00 GMT

I just realised that Harbourvest sounds like a life jacket.

By Peermade



Re: Next steps by pike fisherman

  Mon, 10 Oct 2016 06:22:00 GMT

This morning the plot thickens. I think it will end near 700p per share.

By pike fisherman



Re: Next steps by pike fisherman

  Fri, 07 Oct 2016 14:25:00 GMT

Old Mutual have withdrawn their letter of intent so the Bico support is draining away fast. Interesting to see what happens.

By pike fisherman



Next steps by farmerdave

  Fri, 07 Oct 2016 11:15:00 GMT

Be interesting what the next steps are - does Bidco make a bid for some of the assets or block sale to GS ?
FD


By farmerdave



Re: Goldman Canadian by farmerdave

  Thu, 06 Oct 2016 12:28:00 GMT

No original bidder can't in next 6 months but GS bid is also contingent on the original bidder not succeeding - have to wait a few days to find out
FD


By farmerdave



Re: Goldman Canadian by Equity Share Lord

  Thu, 06 Oct 2016 11:42:00 GMT

Can they rebid in the next 6 months given that their offer was a final offer?


By Equity Share Lord



Re: Goldman Canadian by pike fisherman

  Thu, 06 Oct 2016 09:31:00 GMT

Will the original bidder now withdraw their offer and rebid. The pound has weakened so can do so. I think it's a case of watch this space.

Re personalities, no one likes to be a forced seller. Private equity egos are worse than normal people. They like to be in control.


By pike fisherman



Re: Goldman + Canadian by farmerdave

  Thu, 06 Oct 2016 08:26:00 GMT

680 in 3-6 months - 4.6% above 650 now (although the bid would take a couple of months for cash to come through) 2.2% above todays cash price 4

Seems we are talking about last few pence after a large run up - is it me or does this seem more about personalities than about getting the best for the shareholders ?
FD


By farmerdave



Re: Goldman + Canadian by Peermade

  Wed, 05 Oct 2016 18:41:00 GMT

Ah Goldman, did someone once say something about deep sea creatures. A decent bid Ummm not very likely as a guess £6.60 might be their best, with strings attached of course.

By Peermade



Goldman + Canadian by pike fisherman

  Wed, 05 Oct 2016 13:58:00 GMT

Interesting. Hope they make a decent bid for the portfolio. Am holding.

By pike fisherman



Re: Out by Peermade

  Wed, 05 Oct 2016 10:10:00 GMT

Well FD you made the right move and I expected a better deal from the board, but hen they didn't have long to respond. Worried that the white knight will quite rightly pick just the best assets and leave us with rump stuff that all private equity funds accumulate. There is always a better return on the good investments when sold over and above the previous NAV but against this there are always the dregs and the fund extensions that drag on whilst they shift them. I just wish we had a European bidder, what with the strong Euro, but then the same is true of the dollar. Its just become a better deal for them after the conference.

By Peermade



Re: Out by farmerdave

  Wed, 05 Oct 2016 09:23:00 GMT

Hmm wonder if the board can make the sale go through after they have been booted out - at some stage you have to wonder if there will be a court case for them selling at undervalue - seems pretty desperate and not very good move by the board - glad I sold given this.
FD


By farmerdave