John Laing Infrastructure Fund Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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John Laing Infrastructure Fund Ltd Announces Acquisition Of Portfolio Of 11 Operational And Yielding Assets
John Laing Infrastructure Fund Ltd announced that it has agreed the acquisition of a portfolio of 11 operational and yielding assets (the Portfolio), from Investors in the Community LP (IIC), for c. GBP123 million. The total consideration is consistent with the current valuations of similar projects in JLIF's portfolio and will be satisfied either wholly in cash or partly in cash and partly by the issue of new ordinary shares in JLIF. Any cash element of consideration will be funded by JLIF's existing bank facility.
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