GKN : GKN

News

• 27 Feb 2019 20 min read

  Law Debenture Corporation protects against almost 40% of market decline

  Law Debenture Corporation (LWDB) has announced its annual results for the year ended 31 December 2018. For those not familiar with its structure, LWDB is a unique combination of an equity portfolio and independent professional services business. Key highlights for the Group, the equity portfolio and the independent professional services business are provided below, but […]

• 27 May 2016 4 min read

  Shires Income’s emerging markets and commodity holdings drive underperformance

  Shires Income, managed by Ed Beal (pictured), has announced its annual results for the year ended 31 March 2016. During the year, the trust’s NAV fell by 7.0% on a total return basis, thereby underperforming its FTSE All-Share Index benchmark, which lost 3.9%. The company says that its NAV underperformance was due principally to stock […]

• 12 May 2016 3 min read

  Beazley boosts performance and dividend for JPM Income & Capital

  JPMorgan Income & Capital reports its net assets fell during the year ended 29th February 2016, reflecting a general market decline. The total return on the Company’s assets for the year ended 29th February 2016 was a negative 5.5%. This represented an over-performance of 1.4% against the composite benchmark (comprising 90% FTSE 350 Index, excluding […]

• 07 Dec 2015 1 min read

  Candover sells Stork

  Candover Investments says Arle Capital Partners has agreed to sell Stork to Fluor Corporation for an enterprise value of €695m. The sale of Stork, provider of knowledge-based asset integrity services, completes the full exit of the investments held through Stork Holding BV following the sale of Fokker Technologies earlier this year to GKN plc for €706m. The […]

• 28 Jul 2015 1 min read

  Candover sells Fokker stake

  Candover Investments has announced a partial realisation of Stork BV with the sale of Fokker Technologies Group BV for €706m.  Arle Capital Partners has agreed to sell Fokker, a subsidiary business of portfolio company Stork BV, to GKN. Fokker is a specialist Tier 1 supplier to the commercial, military and business jet markets.  With almost 5,000 employees […]