Investment Trusts 

IT geek: take heed of the rise in unquoteds

IT geek: take heed of the rise in unquoteds

Earlier this month Caledonia Investments (CLDN) acquired a 98.9 per cent stake in Deep Sea Electronics, which produces controllers for diesel-powered electricity generators and battery chargers. Another key feature of this company, for which Caledonia is paying £117.2m plus a £50m bridging loan, is that it is not listed on a stock market.

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