Man Group PLC has publicly disclosed holding a 1.63% interest in Senior Plc through cash-settled equity swaps as of July 24, 2026. This disclosure is made under Rule 8.3 of the UK Takeover Code, indicating a significant stake in the company. The position involves 6,838,429 ordinary shares, acquired via multiple equity swap transactions at prices around £2.90 per unit. This move signals Man Group's strategic investment interest in Senior Plc, potentially influencing future market activity or takeover considerations.
Centrifuge and Janus Henderson have introduced the Janus Henderson Anemoy AAA CLO Fund (JAAA), a blockchain-based collateralized loan obligation (CLO) fund managing $687 million across eight networks including Ethereum and Solana. CLOs pool diversifi...
TGI Fridays has signed a historic development deal with Devolli Group to open 10 new restaurants in Kosovo, Albania, and North Macedonia. This marks the brand's first entry into these Balkan markets and supports its global Vision 1-2-3 strategy to re...
Tortoise Energy Infrastructure Corp (TYG) is rated a strong Hold because its discount to net asset value has shrunk to about 6.7%, reducing the margin of safety for investors despite solid asset quality and distribution coverage. The company offers d...
Broker Cavendish has raised its price target for Concurrent Technologies to 302p from 256p following the company's record first-half results. Concurrent saw order intake surge about 110% to £46.9 million, driven by strong demand including a major mul...
Molten Ventures PLC announced the first close of its new Growth Fund at £175 million, with the British Business Bank committing £75 million as a cornerstone investor. Molten Ventures itself has committed the remaining £100 million, targeting a final ...
