B.P. Marsh & Partners plc (GB:BPM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
B.P. Marsh & Partners, a venture capital firm, has successfully sold its 28.4% stake in Lilley Plummer Holdings, generating a substantial cash return of £21.65 million. This strategic sale, which showcases an impressive internal rate of return of 93.5%, highlights the firm’s ability to identify and nurture promising financial service startups. Following this lucrative transaction, B.P. Marsh plans to enhance shareholder returns with increased dividend payouts over the next three years.
For further insights into GB:BPM stock, check out TipRanks’ Stock Analysis page.