Latest news with #SimonAllen
Reuters
5 days ago
- Business
- Reuters
McGraw Hill valued at $3.25 billion as shares open flat in underwhelming debut
July 24 (Reuters) - U.S. publisher McGraw Hill (MH.N), opens new tab was valued at $3.25 billion as its shares opened at par in their New York debut on Thursday, hinting at a mixed response from investors in an otherwise upbeat IPO market. IPO market activity has rebounded strongly following a significant setback earlier in the year caused by tariff tensions, although investors have remained selective in their investment choices. Advent-backed consumer insights company NIQ Global's (NIQ.N), opens new tab shares dipped 3.6% in their NYSE debut on Wednesday, while a bunch of others are choosing to stay private to bypass the market uncertainty. "As a resilient company, all of those macro factors are really interesting to see, but they have no bearing on our company. We know the time is right for us now," McGraw Hill's CEO Simon Allen said. Meanwhile, investors lapped up digital bank Chime (CHYM.O), opens new tab and stablecoin issuer Circle's (CRCL.N), opens new tab shares on their respective first trading days, marking blowout debuts for both. McGraw Hill's shares opened at $17 apiece, at par with its IPO price of $17. The Platinum Equity-backed company priced its shares below its targeted range of $19 to $22 on Wednesday to raise $414.63 million by selling 24.39 million shares in its IPO. McGraw-Hill Education was spun off from McGraw-Hill Companies in 2013 and sold to private equity giant Apollo Global Management for $2.5 billion in a take-private deal, while the remaining firm became McGraw Hill Financial Inc., later rebranded as S&P Global. Apollo tried to relist McGraw in 2015, but the plan was shelved. Billionaire Tom Gores' private equity firm Platinum Equity acquired McGraw for $4.5 billion in 2021. McGraw Hill is one of the most recognized names in the publishing industry, with 99% of U.S. public K-12 districts and 82% of U.S. higher education institutions using its products, according to company filings.
South Wales Argus
11-07-2025
- South Wales Argus
Four men deny murder of grandmother
Jacqueline Rutter, 53, was shot in the chest in in Moreton, Wirral, Merseyside, at about 1am on October 30 2022. Simon Allen, 54, of no fixed address, James Byrne, 23, of no fixed address, Barrie Glynn, 46, of Westway in Heswall, and David Harrison, 58, of Old Meadow Road in Pensby, appeared at Liverpool Crown Court on Friday. All four, appearing over videolink from three different prisons, pleaded not guilty to murder. The defendants also denied possession of a nine millimetre pistol and ammunition with intent to endanger life and the arson of a stolen Vauxhall Insignia. Anna McGinn, 26, of Frankby, Wirral, appeared in the dock and pleaded not guilty to two counts of assisting an offender. According to the charges, she is alleged to have driven Byrne and a second man, Preston Connolly, from Heswall to their home addresses on October 30 2022. Judge David Aubrey KC adjourned the case until a pre-trial hearing on September 8. A trial will take place on October 6, the court heard. Ms Rutter was one of four female victims of gun crime in Merseyside in 2022, with nine-year-old Olivia Pratt-Korbel, Ashley Dale, 28, and Elle Edwards, 26, who was shot outside a pub in Wirral on Christmas Eve.
ITV News
11-07-2025
- ITV News
Four men deny murder of Wirral grandmother shot in her own home
Four men have denied the murder of a grandmother who was shot in her home. Jacqueline Rutter, 53, was shot in the chest in in Moreton, Wirral, at about 1am on 30 October 2022. Simon Allen, 54, of no fixed address, James Byrne, 23, of no fixed address, Barrie Glynn, 46, of Westway in Heswall, and David Harrison, 58, of Old Meadow Road in Pensby, appeared at Liverpool Crown Court on Friday. All four, appearing over videolink from three different prisons, pleaded not guilty to murder. The defendants also denied possession of a nine millimetre pistol and ammunition with intent to endanger life and the arson of a stolen Vauxhall Insignia. Anna McGinn, 26, of Frankby, Wirral, appeared in the dock and pleaded not guilty to two counts of assisting an offender. According to the charges, she is alleged to have driven Byrne and a second man, Preston Connolly, from Heswall to their home addresses on 30 October 2022. Judge David Aubrey KC adjourned the case until a pre-trial hearing on 8 September. A trial will take place on 6 October the court heard.
BBC News
11-07-2025
- BBC News
Four men deny murder of Wirral grandmother, 53, shot at home
Four men have denied the murder of a grandmother who was shot in her Rutter, 53, was shot in the chest in in Moreton, Wirral, Merseyside, at about 01:00 GMT on 30 October Allen, 54, of no fixed address, James Byrne, 23, of no fixed address, Barrie Glynn, 46, of Westway in Heswall, and David Harrison, 58, of Old Meadow Road in Pensby, appeared at Liverpool Crown four, who appeared via videolink from three different prisons, denied murder. The defendants also denied possession of a 9mm pistol and ammunition with intent to endanger life, and arson of a stolen Vauxhall McGinn, 26, of Frankby, Wirral, appeared in the dock and denied two counts of assisting an to the charges, she is alleged to have driven Byrne and a second man, Preston Connolly, from Heswall to their home addresses on 30 October David Aubrey KC adjourned the case until a pre-trial hearing on 8 September with the trial set for 6 October, the court heard. Listen to the best of BBC Radio Merseyside on Sounds and follow BBC Merseyside on Facebook, X, and Instagram. You can also send story ideas via Whatsapp to 0808 100 2230.
South Wales Guardian
11-07-2025
- South Wales Guardian
Four men deny murder of grandmother
Jacqueline Rutter, 53, was shot in the chest in in Moreton, Wirral, Merseyside, at about 1am on October 30 2022. Simon Allen, 54, of no fixed address, James Byrne, 23, of no fixed address, Barrie Glynn, 46, of Westway in Heswall, and David Harrison, 58, of Old Meadow Road in Pensby, appeared at Liverpool Crown Court on Friday. All four, appearing over videolink from three different prisons, pleaded not guilty to murder. The defendants also denied possession of a nine millimetre pistol and ammunition with intent to endanger life and the arson of a stolen Vauxhall Insignia. Anna McGinn, 26, of Frankby, Wirral, appeared in the dock and pleaded not guilty to two counts of assisting an offender. According to the charges, she is alleged to have driven Byrne and a second man, Preston Connolly, from Heswall to their home addresses on October 30 2022. Judge David Aubrey KC adjourned the case until a pre-trial hearing on September 8. A trial will take place on October 6, the court heard. Ms Rutter was one of four female victims of gun crime in Merseyside in 2022, with nine-year-old Olivia Pratt-Korbel, Ashley Dale, 28, and Elle Edwards, 26, who was shot outside a pub in Wirral on Christmas Eve.
