Goldman Sachs Asset Management, L.P. entered into agreement to acquire an unknown significant stake in BIP Investment Partners S.A. on July 15, 2016. The closing of the transaction is subject to certain conditions, notably the approval of antitrust authorities. The deal is expected to close in the course of September 2016. Lazard acted as financial advisor to BIP Investment Partners S.A.
Goldman Sachs Asset Management, L.P. completed the acquisition of an unknown significant stake in BIP Investment Partners S.A. on October 17, 2016. Goldman Sachs acquired the shares at 50 per share. The conditions have been realized.