Under the deal, Azimut will sell its shareholding for an all-cash consideration of $225 million.
Azimut's initial investment in Kennedy Lewis was $60 million, the statement added.
(Reporting by Federica Urso, editing by Giulia Segreti)
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
207 GBX | -0.48% | -0.48% | +22.05% |
Jun. 05 | EARNINGS AND TRADING: STV sees advertising upturn; Angle loss narrows | AN |
Jun. 05 | Petershill Partners to Buy Back GBP81 Million Shares After Tender Offer | MT |
(Reuters) - Azimut will sell all of its stake in private credit fund Kennedy Lewis to Goldman Sachs' private equity unit Petershill Partners, the Italian asset manager said on Wednesday .
Under the deal, Azimut will sell its shareholding for an all-cash consideration of $225 million.
Azimut's initial investment in Kennedy Lewis was $60 million, the statement added.
(Reporting by Federica Urso, editing by Giulia Segreti)
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
207 GBX | -0.48% | -0.48% | 2.85B | ||
24.17 EUR | -1.35% | -1.10% | 3.62B | ||
1st Jan change | Capi. | |
---|---|---|
+22.05% | 2.85B | |
+10.46% | 35.34B | |
0.00% | 18.64B | |
+4.56% | 5.38B | |
+6.29% | 4.23B | |
+6.04% | 3.32B | |
-23.71% | 2.15B | |
+3.02% | 1.22B | |
+6.26% | 1.21B | |
-3.04% | 820M |