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 | -0.24% | -0.48% | +22.05% |
May. 02 | Deutsche Bank likes TP ICAP but says sell CMC | AN |
Apr. 23 | FTSE 100 gains pared after hitting record high | 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.
| ||
---|---|---|---|---|---|
207 GBX | -0.24% | -0.48% | 2.91B | ||
24.8 EUR | +0.32% | +0.77% | 3.7B | ||
1st Jan change | Capi. | |
---|---|---|
+22.05% | 2.91B | |
-0.70% | 34.59B | |
+6.21% | 33.21B | |
0.00% | 18.83B | |
+8.55% | 5.64B | |
-0.31% | 3.11B | |
-17.19% | 2.3B | |
+4.52% | 1.24B | |
+4.27% | 1.16B | |
+10.12% | 932M |