Tag: Dolphin Fund

• Wednesday, April 19th 2017 - 05:49 UTC

  The disputed FIH Group plans to release this week a trading update

  

  FIH Group PLC said on Tuesday it plans to release a trading update later this week which will outline its anticipated results for the recently ended financial year while also updating shareholders on the future strategy following failed takeover offers for the firm.

• Friday, April 14th 2017 - 18:33 UTC

  Falklands: Dolphin Fund desists from taking over FIH Group, at this time

  

  Dolphin Fund Ltd said late Thursday that it has decided not to make an offer for FIH Group PLC at this time, following a letter from the Falkland Islands Government warning FIH about its status should it undertake a change of ownership.

• Monday, April 10th 2017 - 23:06 UTC

  Falklands' government cautions FIH Group on changes in the company's control and its “beneficial interests”

  

  The British financial media is reporting the existence of a letter sent by the government of the Falkland Islands to Falkland Islands Holdings group, which is in the midst of a controversial takeover bid dispute with an Argentine fund. Last month the Dolphin fund controlled by the Buenos Aires property developer Eduardo Elsztain said it was considering a bid for FIC’s Aim-listed parent FIH Group.

• Tuesday, April 4th 2017 - 10:10 UTC

  FIH independent directors still view Dolphin takeover approach as “unwelcome”

  

  FIH Group PLC said on Monday it still views a potential takeover approach from Dolphin Fund Ltd as “unwelcome” and recommends an existing bid from Staunton Holdings Ltd.

• Wednesday, March 22nd 2017 - 09:12 UTC

  FIH considers acquisition approach from an Argentine fund as “unwelcome”

  

  The much publicized and controversial bid from an Argentine group to acquire a leading position in the Falkland Islands Holdings, which owns the Falkland Islands Company, closely linked to the Islands' history and economy, has been considered “a real hazard” by FIH directors.

• Saturday, March 18th 2017 - 09:52 UTC

  Falklands' Law compliance needed for any Islands' major assets change of ownership

  

  The Falkland Islands government, FIG, stated on Friday that any proposal change of ownership affecting assets held in the Islands will be scrutinized for compliance with Falklands law. The statement follows the Argentine Dolphin Fund's announcement to the London Stock Exchange, earlier this week, of its interest in taking over the private company Falkland Islands Holdings, FIH.