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Mason Financial Holdings says unit entered into facility agreement

Friday, 4 Nov 2016 09:17am EDT

Mason Financial Holdings Ltd <0273.HK>: Lender, an indirect wholly-owned subsidiary of company, entered into facility agreement . Agreement with borrower, pursuant to which lender has agreed to provide a facility . Facility in amount up to hk$280 mln .Loan amount of hk$280 million to borrower.

SVG Capital agrees terms of portfolio sale to Goldman Sachs consortium

Thursday, 6 Oct 2016 02:03am EDT

Svg Capital Plc : Board has agreed in principle key commercial terms of a proposed sale of 100 pct of investment portfolio to funds managed by Goldman Sachs . Board has agreed to commercial terms of proposed sale for about £748 million, which compares to a value of £802 million as at 31 July . Says approximately 1.064 billion pounds would be returned to shareholders, should sale complete on agreed terms . Expects costs associated with response to HarbourVest offer, tender offer series and wind down of co to be about £33 million . Anticipated that the shareholder meeting to consider these matters will take place in early December 2016 .Board continues to recommend that shareholders do not accept HarbourVest Bidco's offer.

Huarong International Financial updates on a loan facility

Tuesday, 4 Oct 2016 06:34am EDT

Huarong International Financial Holdings Ltd <0993.HK> : Entered into a facility letter with a bank as lender .Deal for an aggregate principal amount not exceeding US$50 million.

SVG Capital confirms talks with Goldman, Canada's CPPIB

Monday, 3 Oct 2016 03:06am EDT

SVG Capital Plc : Statement regarding press comment . Board confirms that it is in detailed discussions with consortium of Goldman Sachs and Canadian Pension Plan Investment Board (CPPIB) in relation to a possible alternative transaction . Speculation around identity of a unit of Goldman Sachs and Canadian Pension Plan Investment Board as consortium members linked to a possible alternative transaction for co . Also understands that a third party referred to in announcement of Sept. 16 may be interested in considering an offer for co .Board urges shareholders to take no action with respect to offer.

IG Group tp buy DailyFX for $40 million

Friday, 30 Sep 2016 02:45am EDT

IG Group Holdings Plc : Acquisition of dailyfx . On an annualised basis, it is expected that addition of dailyfx news and education-based marketing channel will add around £5 million to ongoing operating costs . Currently anticipated that this channel will generate a sufficient number of incremental active clients such that it will be earnings enhancing in IG's FY18 financial year, and will deliver increasing value beyond. . Has agreed, subject to final approvals, to purchase dailyfx, a leading global news and research portal, and its associated assets, from fxcm inc . Deal for a total consideration of $40 . It is anticipated that transaction will complete by end of october .Also expected that purchase price for assets will be amortised on a straight-line basis over 10 years.

IG Group tp buy DailyFX for $40 million

Friday, 30 Sep 2016 02:45am EDT

IG Group Holdings Plc : Acquisition of dailyfx . On an annualised basis, it is expected that addition of dailyfx news and education-based marketing channel will add around £5 million to ongoing operating costs . Currently anticipated that this channel will generate a sufficient number of incremental active clients such that it will be earnings enhancing in IG's FY18 financial year, and will deliver increasing value beyond. . Has agreed, subject to final approvals, to purchase dailyfx, a leading global news and research portal, and its associated assets, from fxcm inc . Deal for a total consideration of $40 . It is anticipated that transaction will complete by end of october .Also expected that purchase price for assets will be amortised on a straight-line basis over 10 years.

Fiera capital makes offer to buy Charlemagne Capital Ltd

Friday, 30 Sep 2016 02:00am EDT

Fiera Capital: Charlemagne capital shareholders will be entitled to receive 14 pence in cash in aggregate for each charlemagne capital share . Fiera Capital makes an offer to acquire London-based Charlemagne Capital Limited . Agreement reached on terms of recommended cash transaction comprising offer by co to buy entire share capital of charlemagne capital .Transaction would provide low single digit accretion to adjusted earnings per share in 2017 fiscal year.

FXCM signs agreement to sell news, research website DailyFX for $40 mln

Friday, 30 Sep 2016 02:00am EDT

Fxcm Inc : Says FXCM will continue to be an advertiser to u.s. And Canadian residents on DailyFX english version of website . FXCM inc says cash of $36 million will be paid to FXCM on closing, with additional $4 million to be paid on completion of certain migration requirements . Says FXCM signs agreement to sell news and research website DailyFX for $40 million .Says IG will receive entire DailyFX business including all international and domestic web domains, source code and content.

Brokerage Scottrade said to work with adviser on possible sale- Bloomberg

Wednesday, 28 Sep 2016 05:57pm EDT

: Brokerage Scottrade said to work with adviser on possible sale ; could be valued at $4 bln- Bloomberg, citing sources .Scottrade has drawn interest from rivals including TD Ameritrade Holding Corp - Bloomberg.

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