Thursday 17th November 2005
Cenkos in Beckwith deal
Fast-growing investment banking firm Cenkos Securities has raised £135 million for magnate Sir John Beckwith's Franco-German commercial property group Alpha Resources.
Andy Stewart, who previously founded broking group Collins Stewart, launched Cenkos in April. After the Alpha deal, at £1 a share, the broker already claims to have raised 15 per cent of all the money raised on AIM this year.
Stewart's heavy-hitting team includes resource specialist Jo Nally, who has a gold float and several other new issues lined up for the New Year. (He cautions the uranium sector, though fundamentally attractive, has grown 'too popular too quickly and has too many promoters in it'.)
Fans argue Cenkos could float itself next year.
Robert Tyerman
Comments [0]
User Comments
There are currently no comments on this post.
Related Articles
People who read this article also read ...
Related sections
Interesting links
|
