Aandeel Tetragon Financial Group AEX:TFG.NL, GG00B1RMC548

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shaai schreef op 14 oktober 2024 11:05:

[...]https://www.londonstockexchange.com/stock/TFG/tetragon-financial-group-limited/company-page

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shaai schreef op 14 oktober 2024 11:05:

[...]

www.londonstockexchange.com/stock/TFG...

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DeZwarteRidder schreef op 14 oktober 2024 09:13:

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Ik zie overal dat de market cap 1,45 miljard is; wat is nu juist 800 of 1450 miljoen?

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Isildur1 schreef op 14 oktober 2024 11:41:

Samenvattend dus market cap 1,45 miljard. De mogelijke deal zou rond de 800 miljoen kunnen opleveren. Dat is substantieel en de vraag is wat ze met het geld dan gaan doen. Ik zie altijd liever investeringen met de eventueel verkregen boekwinst maar dat is persoonlijk.

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sremmal1 schreef op 14 oktober 2024 11:58:

Bij een koers van 11 usd en 89 miljoen uitstaande aandelen is de market cap net geen 1 miljard usd.
Opbrengst Equinox van zeg 1,45 miljard is dan meer dan substantieel... er staat een schuld uit van 380m usd die ze zouden kunnen gaan aflossen. Dan zou je net cash overhouden ongeveer gelijk aan de market cap.
Ik snap de oplopende koers wel...

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Leeser1959 schreef op 14 oktober 2024 12:23:

etragon Financial Group Limited Statement Regarding Press Speculation
14 Oct 2024

Tetragon Financial Group Limited notes the recent media speculation concerning a potential transaction involving Equitix, which is part of TFG Asset Management, Tetragon’s alternative asset management platform.

As we discussed in our 2023 Annual Report, the strong performance of Equitix, as well as other businesses on the platform, has enhanced the attractiveness of individual business transactions and other strategic opportunities as important ways of realising the value inherent in TFG Asset Management. As such, the strategy for TFG Asset Management with respect to Equitix will continue to include engaging with strategic partners and financial advisors to explore options for executing on transactions or partnerships that would take advantage of this value enhancement.

About Tetragon:

Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP. Find out more at www.tetragoninv.com.

Tetragon’s non-voting shares are subject to restrictions on ownership by U.S. persons and are not intended for European retail investors.

Please see: www.tetragoninv.com/shareholders/addi...

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Free 1 schreef op 11 oktober 2024 18:46:

LONDON, Oct 11 (Reuters) - Investment group Tetragon is looking at options for British infrastructure investor Equitix, including a possible sale, two people with knowledge of the matter said, potentially adding to a rush of deals by funds in alternative assets.

Tetragon Financial Group, based in Guernsey, invited investment bankers in the past few weeks to pitch for an advisory role on possible options for London-based Equitix, whose prime assets include stakes in London's orbital motorway the M25 and the UK's only high speed railway High Speed 1, the people said, speaking on condition of anonymity.

Spokespeople for Tetragon and Equitix declined to comment.

A deal could value Equitix at around 1.5 billion pounds, based on its latest earnings before interest, tax, depreciation and amortization (EBITDA) and recent valuation multiples in the sector, the people said.

Infrastructure managers are attracting increased interest from private equity firms which are seeking to become "one-stop shops" for their limited partners, who want to meet their investment requirements with fewer firms.

BlackRock agreed to buy Global Infrastructure Partners in January for $12.5 billion to increase its presence in alternative assets. CVC Capital Partners acquired infrastructure manager DIF before listing on the Amsterdam stock exchange in April this year, while General Atlantic bought infrastructure investor Actis.

Equitix is expected attract attention from larger asset managers and private equity groups in Europe and the U.S., the people said.

The sources said deliberations are in the early stages and no sale is guaranteed.

Equitix's assets under management (AUM) total $14 billion with investments across transport, renewable power, environmental services, network utilities and data infrastructure, according to its website.

TFG acquired Equitix in 2014 for 159.65 million pounds ($208.73 million) from Cabot Square Capital, and currently holds 75% of the business.

TFG's non-voting shares are listed on Euronext, and its market capitalisation was $800 million as of Thursday's close. It manages Equitix through TFG Asset Management, which has $40.5 billion in assets under management via different investments, including Equitix, based on its website.

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volafries schreef op 14 oktober 2024 17:33:

Voor de liefhebber:
www.edisongroup.com/?s=tetragon

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shaai schreef op 15 oktober 2024 10:15:

1 ‘wilde’ dag en de actie en liquiditeit is al weer weg? Ruim een uur handel en er zijn slechts 382 stukjes verhandeld. Apart.

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Stapelaar schreef op 15 oktober 2024 15:47:

Over twee weken wel of niet de aankondiging van de halfjaarlijkse tender?
Een hogere bandbreedte dan met 10 als bodem en 12 als maximum zie ik ze nog niet zo gauw doen.