Augmentum has written down the value of its shares in Zopa by 47 per cent, cutting the valuation of its 6.2 per cent stake in the peer-to-peer lender from £22m at the end of March to just £11.7m six months later. Previously Zopa was Augmentum’s largest holding by some distance. Now its stake in Zopa is outweighed by investments in Interactive Investor and Tide. Read More...
Augmentum has written down the value of its shares in Zopa by 47 per cent, cutting the valuation of its 6.2 per cent stake in the peer-to-peer lender from £22m at the end of March to just £11.7m six months later. Previously Zopa was Augmentum’s largest holding by some distance. Now its stake in Zopa is outweighed by investments in Interactive Investor and Tide.
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