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
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5-day change | 1st Jan Change | ||
210 GBX | 0.00% | +0.48% | +23.82% |
02/05 | Deutsche Bank likes TP ICAP but says sell CMC | AN |
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(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.
| ||
---|---|---|---|---|---|
210 GBX | 0.00% | +0.48% | 2.95B | ||
25.75 EUR | 0.00% | +3.96% | 3.8B | ||
1st Jan change | Capi. | |
---|---|---|
+23.82% | 2.95B | |
+2.02% | 35.45B | |
+9.47% | 34.62B | |
+7.74% | 5.61B | |
-0.21% | 3.12B | |
+9.93% | 2.89B | |
-19.05% | 2.3B | |
+4.02% | 1.24B | |
+5.99% | 1.18B | |
+7.57% | 949M |