Bridgepoint (LON:BPT) investors eye Kayne deal fallout as stock faces dilution test
Bridgepoint Group Plc heads into Monday’s London trade after jumping 25.9% in five days. The move followed a $1.4 billion real estate buy in the U.S., giving the private markets firm more fee revenue, added U.S. presence, and a bigger share count. Bridgepoint’s last traded London price was still Friday at the time of writing. Shares finished at 292.80p on July 3, up 4.35%. On June 29, when the Kayne Anderson Real Estate deal hit, Bridgepoint jumped 16.08%. AJ Bell put Bridgepoint’s Friday move at 4.35% against a 0.52% gain on the FTSE 250.
