IP Group Stock News

IP Group PLC (LSE:IPO) told investors it has banked around £21 million from a partial sale of its stake in Oxford Nanopore Technologies PLC (LSE:ONT) while retaining a holding worth more than £150 million. The science and technology investor sold 10 million Oxford Nanopore shares, leaving it with 70.8 million shares, or 7.23% of the company, valued at £151.5 million at the current market price.

IP Group PLC (LSE:IPO) has seen a bullish write-up from European investment bank Berenberg, which pitches a 'Buy' rating and a 119p price target that implies around 70% upside to its current price. Berenberg describes IP Group, the investor in early-stage companies, as an “underappreciated asset” whilst noting the current 40% discount to NAV despite improving portfolio valuations and a strong l...

Railpen, the largest shareholder in ​Britain's IP Group , said on Monday that ‌it does not intend to make another offer for the early-stage science ​investor as the companies could not agree ​on a mutually acceptable proposal.

Frontier IP Group PLC (LSE:FIPP, FRA:8WT) said its portfolio company Cambridge Raman Imaging has secured a €400,000 European grant as it targets pharmaceutical manufacturing quality control and prepares pilot testing with two industry groups. The non-dilutive European Innovation Council funding will support the scale-up of CRI's high-speed Raman imaging and artificial intelligence technology.

The board of IP Group PLC (LSE:IPO), the London-listed technology investor, may struggle to recommend an improved takeover proposal from pension fund Railpen without further concessions, according to Deutsche Bank. Railpen returned with a revised offer ahead of today's put up or shut up deadline, when it must either make a firm bid or walk away.

SANTA CLARA, Calif. & OXFORD, England--(BUSINESS WIRE)-- #Mach42--Mach42 completes £7m funding round, led by IP Group with investment from BGF and Foresight Group.

IP Group's board of directors on Monday unanimously rejected a sweetened 71.3 pence-per-share takeover proposal from ​its largest shareholder, Railpen, citing significant undervaluation ‌of the company and its prospects.