IN BRIEF: IP Group receives payout after portfolio company acquisition

IP Group PLC - London-based intellectual property company investing in technology - Receives ...

Alliance News 12 June, 2024 | 4:51PM
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IP Group PLC - London-based intellectual property company investing in technology - Receives cash consideration from acquisition of portfolio company Garrison Technology Ltd by US cybersecurity firm Everfox. IP Group to receive cash consideration not affecting its net asset value. Says more information to be provided in due course.

Current share price: 46.80 pence

12-month change: down 13%

By Aidan Lane, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
IP Group PLC 40.05 GBX -1.23 -

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