Hedge Fund News From HedgeCo.Net

Jon Little’s Northill Capital swoops on hedge fund firm

CityWire – Northill Capital, the group founded by former BNY Mellon vice chairman Jon Little, has launched a takeover bid for Alpha Strategic +, which finances hedge funds.

Alpha Strategic is already 51% owned by Northill, and has revealed that it received an offer today from Northill to acquire the remaining shares for 25p each, a slight premium to yesterday’s closing price of 19p but far below the 120p level at which Alpha Strategic floated in 2005.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply