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The latest announcement is out from Northern 2 VCT ( (GB:NTV) ).
Northern 2 VCT PLC announced the successful IPO of its largest unquoted holding, The Beauty Tech Group, on the London Stock Exchange. The IPO values the company at approximately £300 million, marking a significant increase from its previous valuation. This development provides The Beauty Tech Group with additional capital to further its growth strategy, while Northern 2 VCT PLC realizes a portion of its investment, reflecting positively on its net asset value.
More about Northern 2 VCT
Northern 2 VCT PLC is involved in the investment sector, focusing on unquoted holdings. One of its significant investments is in The Beauty Tech Group, which operates in the global at-home beauty devices market, a rapidly expanding segment of the global beauty and personal care industry.
Average Trading Volume: 42,673
Technical Sentiment Signal: Buy
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