LDC sells Team17 shares after stock surges

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Equity
ABBs-Block Trades

LDC sells Team17 shares after stock surges

Aidan Gregory
April 29, 2020 02:30 PM
City_of_London_2_PA_575_375
(200415) -- LONDON, April 15, 2020 (Xinhua) -- Photo taken on April 14, 2020 shows the City of London, in London, Britain. Due to the impact of the novel coronavirus outbreak, Britain's gross domestic product (GDP) could fall 35 percent in the second quarter but will bounce back quickly, said the Office for Budget Responsibility (OBR) Tuesday. (Xinhua/Han Yan) | Han Yan/Xinhua News Agency/PA Images

Lloyds Development Capital, the private equity arm of Lloyds Bank, has sold a chunk of its stake in Yorkshire-based games developer Team17 after the stock hit an all-time high due to a huge increase in the volume of gamers during the Covid-19 pandemic.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

EquityABBs-Block TradesUKEuropeEMEA
AG
Aidan Gregory
Gift this article