tiprankstipranks
Company Announcements

Oakley Capital Secures Profitable Exit from OTG

Oakley Capital Secures Profitable Exit from OTG

Oakley Capital Investments (GB:OCI) has released an update.

Oakley Capital Investments Limited has announced the lucrative sale of its stake in Ocean Technologies Group to Lloyd’s Register, expecting a gross return of approximately 2.7 times the investment, with an anticipated £50 million benefit for OCI. The divestment underscores Oakley’s successful growth strategy in the maritime software industry, having transformed OTG into a diversified platform offering critical operational software to thousands of vessels and seafarers worldwide. This transaction not only reflects Oakley’s proficiency in executing complex acquisitions but also its ability to significantly enhance the value of its investments.

For further insights into GB:OCI stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1