Intermediate Capital Group PLC (ICP.L)
May 23 Private equity firm HgCapital Trust on Wednesday announced a joint investment with Intermediate Capital Group in Britain's IRIS, which valued the business software provider at 1.3 billion pounds ($1.74 billion).
May 23 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
LONDONSpecialist fund manager Intermediate Capital Group on Tuesday posted a 29 percent rise in full-year pretax profit at its fund management business, buoyed by a strong rise in its assets under management and taking its shares to record highs.
LONDON, May 22London-listed specialist fund manager Intermediate Capital Group on Tuesday posted 29 percent rise in full-year pretax profit at its fund management business, buoyed by a strong rise in its assets under management.
BRIEF-Intermediate Capital Says Peter Gibbs And Kim Wahl Will Not Stand For Re-Election As Directors
* INTERMEDIATE CAPITAL GROUP PLC - PETER GIBBS AND KIM WAHL WILL NOT STAND FOR RE-ELECTION AS DIRECTORS
* Ups fundraising target, fund company operating margin (Adds detail from statement, CEO quote, bullet points)
LONDON, Feb 1 Fund manager Intermediate Capital Group said total assets grew 1 percent in the third quarter and strong demand meant it was raising its fundraising target to 6 billion euros a year.