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)
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5-day change | 1st Jan Change | ||
207.5 GBX | -0.24% | +11.56% | +22.35% |
Apr. 23 | FTSE 100 gains pared after hitting record high | AN |
Apr. 23 | Petershill Partners Plans $100 Million Tender Offer for Own Shares | 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
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Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
207.5 GBX | -0.24% | +11.56% | 2.9B | ||
24.75 EUR | +0.57% | +2.02% | 3.64B | ||
1st Jan change | Capi. | |
---|---|---|
+22.35% | 2.9B | |
+5.12% | 31.94B | |
0.00% | 17.45B | |
+6.13% | 5.54B | |
-0.73% | 3.08B | |
+16.59% | 2.98B | |
-16.40% | 2.24B | |
+4.52% | 1.23B | |
+6.15% | 1.07B | |
+7.78% | 893M |