Source - Alliance News

Menhaden Resource Efficiency PLC - invests in businesses and opportunities, delivering or benefiting from the efficient use of energy and resources - Receives $16.9 million from the completion of KKR’s sale of its remaining 50% stake in X-Elio. Notes the investment delivered an aggregate return on invested capital of 2.15x in USD and 2.6x in GBP. Actively evaluating new private equity opportunities. Proceeds will be largely deployed in the existing public equity portfolio.

Current stock price: 96.00 pence

12-month change: up 3.5%

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Menhaden Resource Efficiency PLC (MHN)

-1.50p (-1.44%)
delayed 15:57PM