This morning, Duke announced its newest royalty partner as Instor Solutions, which is a data centre infrastructure installation business based in California. The $8.75m investment will facilitate a management buyout of the majority shareholders of the business. This financing will have terms in-line with Duke's existing investments and diversify the current portfolio to 15 partners. We leave forecasts unchanged as we already forecast a level of capital deployment throughout the year. Duke's valu ....

07 Mar 2023
Cenkos: Duke Royalty Ltd -- New Partner in Store for Duke

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Cenkos: Duke Royalty Ltd -- New Partner in Store for Duke
Duke Capital Limited (DUKE:LON) | 28.5 0 0.0% | Mkt Cap: 120.9m
- Published:
07 Mar 2023 -
Author:
Andrew Renton -
Pages:
7 -
This morning, Duke announced its newest royalty partner as Instor Solutions, which is a data centre infrastructure installation business based in California. The $8.75m investment will facilitate a management buyout of the majority shareholders of the business. This financing will have terms in-line with Duke's existing investments and diversify the current portfolio to 15 partners. We leave forecasts unchanged as we already forecast a level of capital deployment throughout the year. Duke's valu ....