TDR have been after Arrow since early December and the latest hike in offer price almost. The latest iteration now values the company £100m or 6% higher than the first bid at nearly £1.8bn EV - including portfolio financing. To explain four iterations of bids to arrive at this point we need to
Read MoreIn short, nothing has fundamentally changed yet. Arrow’s results are an extension of a trend the market has been observing for a while. However, it does little to calm our nerves over our investment in Lowell, which is partially predicated
Read MoreHoist have published their FY18 / Q4 statements today / held their report.
Read across for non-bank players: Intrum, Lowell, Arrow