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 | ||
201.5 GBX | +0.75% | -2.66% | +18.81% |
May. 10 | UBS raises Trainline, cuts Kingspan | AN |
May. 02 | Deutsche Bank likes TP ICAP but says sell CMC | AN |
(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.
| ||
---|---|---|---|---|---|
201.5 GBX | +0.75% | -2.66% | 2.82B | ||
25.62 EUR | +0.31% | +3.31% | 3.82B | ||
1st Jan change | Capi. | |
---|---|---|
+18.81% | 2.82B | |
+3.75% | 36.06B | |
+14.25% | 35.6B | |
0.00% | 18.31B | |
+3.03% | 5.36B | |
+0.62% | 3.14B | |
+10.79% | 2.87B | |
-17.26% | 2.29B | |
+4.02% | 1.24B | |
+5.32% | 1.16B |