RAB Capital proposed delisting and possible buyout - HedgeWeek
Fri, 24 Jun 2011 12:29The Buyout would be structured as a recommended offer by NewCo to acquire the entire issued and to be issued share capital of RAB at a price of 10.0 pence in cash per share. This represents a premium of approximately 22.70 per cent. over the closing ...
RAB Capital set to delist after agreeing buyout terms - Investment Week
Fri, 15 Jul 2011 07:59The buyout group, lead by four RAB directors, has offered 10p per share for the business, a premium of almost 23% over the middle market price on 23 June, the day before the original proposal. RAB's remaining four directors, who formed an independent ...
Hybridan Small Cap Wrap: Arian's silver lining, Wizard deal for Bloomsbury ... - Stockopedia
Wed, 29 Jun 2011 07:15This good news, albeit at the peak of the IPO calendar in more normal conditions, was tempered by the continuing flow of announcements of proposed departures from AIM including, perhaps somewhat symbolically, RAB Capital- a leading investor in many ...
China's Sunwah eyes purchase of UK hedge funds - The Asset
Wed, 29 Jun 2011 07:16Consideration for the novation consists of a combination of cash and a share in future management and performance fees in favour of RAB Capital.” Novation is the substition of an original party to a contract with a new party or substitution of an ...
UK Summary: London Shares End Up But Banks Cause Concern - Wall Street Journal
Fri, 24 Jun 2011 16:28LONDON (Dow Jones)--Troubled asset manager RAB Capital PLC (RAB.LN) has announced its desire to delist, capping off a spectacular fall from grace for the company which has seen stocks fall 92% since 2007. LONDON (Dow Jones)--Iconic home furnishings ...