JTC PLC Receives Possible Offers from Warburg Pincus and Permira
The financial services company has received preliminary acquisition proposals from two private equity firms, but no firm offer has been made yet.
The financial services company has received preliminary acquisition proposals from two private equity firms, but no firm offer has been made yet.
The financial services company has received a preliminary and conditional non-binding proposal from Permira regarding a possible cash offer to acquire the entire issued and to be issued share capital of the Company.
The professional services business is acquiring a trust company to strengthen its trust services offering, particularly in the Channel Islands and UK market.
The global professional services business has delivered a resilient performance in the first half, with double-digit net organic revenue growth and record new business wins. The company has also completed the acquisition of Citi's trust administration services business, further strengthening its market position.
The financial services company JTC PLC has announced the vesting of share awards for some of its key personnel.
The professional services firm has appointed a new Senior Independent Non-Executive Director to its board.
The professional services firm has completed the acquisition of Citi Trust's global trust administration business, strengthening its position in the sector.
The professional services firm has issued new shares to its employee benefit trust, likely to satisfy future share awards. The transaction appears routine and non-dilutive for existing shareholders.
The global professional services provider has successfully issued $75m in new US Private Placement notes, diversifying its capital structure and supporting strategic growth.
The asset management firm reports that shareholders approved all resolutions at the company's Annual General Meeting.