Apax Global Alpha Limited (APAX)

Sector:

Investment Firms

Index:

FTSE 250

156.00p
   
  • Change Today:
      2.60p
  • 52 Week High: 185.00
  • 52 Week Low: 149.00
  • Currency: UK Pounds
  • Shares Issued: 491.10m
  • Volume: 236,311
  • Market Cap: £766.12m
  • RiskGrade: 195

Apax Global Alpha makes €16.6m investment in Bazooka Candy

By Iain Gilbert

Date: Wednesday 11 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Investment firm Apax Global Alpha has invested approximately €16.6m into Bazooka Candy Brands on a look-through basis.
Apax Global said on Wednesday that the Apax XI Fund, in which AGA is a limited partner, acquired Bazooka, a portfolio of leading non-chocolate confectionary brands, from Michael D. Eisner's Tornante and funds affiliated with Madison Dearborn Partners.

The FTSE 250-listed group said its internet/consumer sector team, working in partnership with Bazooka's management team, will look to stand the company up as an independent business. In support of its growth efforts, the team will focus on distribution growth, product innovation, geographic expansion, and the strategic acquisition of brands in complementary categories.

Bazooka produces, markets, and distributes a range of confectionary brands, including Ring Pop, Push Pop, Baby Bottle Pop, Juicy Drop, and Bazooka Bubble Gum. The company's portfolio spans lollipops, gummies, chewy candy, and gum.

As of 0850 BST, Apax shares were down 0.24% at 167.60p.





Reporting by Iain Gilbert at Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

APAX Market Data

Currency UK Pounds
Share Price 156.00p
Change Today 2.60p
% Change 1.69 %
52 Week High 185.00
52 Week Low 149.00
Volume 236,311
Shares Issued 491.10m
Market Cap £766.12m
RiskGrade 195

APAX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.75% above the market average80.75% above the market average80.75% above the market average80.75% above the market average80.75% above the market average
76.43% above the sector average76.43% above the sector average76.43% above the sector average76.43% above the sector average76.43% above the sector average
Price Trend
24.84% below the market average24.84% below the market average24.84% below the market average24.84% below the market average24.84% below the market average
59.52% below the sector average59.52% below the sector average59.52% below the sector average59.52% below the sector average59.52% below the sector average
Income
71.88% above the market average71.88% above the market average71.88% above the market average71.88% above the market average71.88% above the market average
59.47% above the sector average59.47% above the sector average59.47% above the sector average59.47% above the sector average59.47% above the sector average
Growth
5.55% above the market average5.55% above the market average5.55% above the market average5.55% above the market average5.55% above the market average
17.26% above the sector average17.26% above the sector average17.26% above the sector average17.26% above the sector average17.26% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

APAX Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Sep-23 09-Mar-23
Paid 03-Oct-23 03-Apr-23
Amount 5.70p 5.82p

Trades for 04-Mar-2024

Time Volume / Share Price
10:20 11,000 @ 154.89p
10:05 1,290 @ 156.00p
10:05 2,753 @ 155.80p
10:05 4,756 @ 155.20p
10:05 632 @ 155.20p

APAX Key Personnel

Chair Tim J Breedon

Top of Page