×
0 0 0 0 0 0 -0.00335570469798651 -0.00671140939597316
Stockreport

Canada's CDPQ, Al Gore's Generation buy majority stake in fintech firm FNZ [Reuters]

Lloyds Banking Group Plc ADS (LYG)  More Company Research Source: Reuters
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
PDF Canada's CDPQ, Al Gore's Generation buy majority stake in fintech firm FNZ | Reuters 2 Min Read (Reuters) - Canada’s second-largest pension fund CDPQ and Generation Investment Management LLP said on Tuesday they were buying a majority stake in UK-based fintech firm FNZ in a deal valuing FNZ at 1.6 billion pounds ($2.09 billion). CDPQ and Generation partnership will buy out two-thirds of FNZ owned by U.S. private equity firms General Atlantic and HIG Capital, while around 400 shareholding employees will continue to own a third of FNZ after the deal, they said. The FNZ deal is the first of a $3 billion investment that CDPQ and Generation Investment, co-founded by former U.S. vice president Al Gore, plan to make over the next 8 to 15 years, according to a joint statement. FNZ, founded in 2003 in New Zealand, and bought out by its management and HIG capital in 2009, provides its clients cloud-based wealth management platforms. FNZ is currently responsible for more than 330 billion pounds [Read more]

IMPACT SNAPSHOT EVENT TIME: LYG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
LYG alerts
from News Quantified
Opt-in for
LYG alerts

from News Quantified
Opt-in for
LYG alerts

from News Quantified