Duke has identified a near-term pipeline of four new royalty partners seeking capital, in addition to a longer-term opportunity and top-up investments in existing partners. Upon full deployment of the £36.5m of capital required, Duke would have nine royalty partners, with underlying exposure to 13 independent companies. This adds significant diversity in terms of partner, sector and geography; de-risking the overall portfolio. To finance these deals, working capital and its future pipeline, Duke ....
16 Jul 2018
Cenkos: Duke Royalty Ltd - Rolling out the royalties
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Cenkos: Duke Royalty Ltd - Rolling out the royalties
Duke Capital Limited (DUKE:LON) | 32.0 -0.1 (-0.8%) | Mkt Cap: 132.9m
- Published:
16 Jul 2018 -
Author:
Cavendish Research -
Pages:
16
Duke has identified a near-term pipeline of four new royalty partners seeking capital, in addition to a longer-term opportunity and top-up investments in existing partners. Upon full deployment of the £36.5m of capital required, Duke would have nine royalty partners, with underlying exposure to 13 independent companies. This adds significant diversity in terms of partner, sector and geography; de-risking the overall portfolio. To finance these deals, working capital and its future pipeline, Duke ....