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 GBX | +0.50% | -4.29% | +18.51% |
May. 13 | BAE Systems and Mondi cut to 'neutral' | AN |
May. 10 | UBS raises Trainline, cuts Kingspan | 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 GBX | +0.50% | -4.29% | 2.84B | ||
26.48 EUR | +1.42% | +2.83% | 3.93B | ||
1st Jan change | Capi. | |
---|---|---|
+18.51% | 2.84B | |
+5.19% | 36.79B | |
0.00% | 19.35B | |
+2.94% | 5.47B | |
+4.79% | 3.34B | |
+8.81% | 2.8B | |
-15.40% | 2.35B | |
+4.52% | 1.24B | |
+9.09% | 1.21B | |
+5.73% | 882M |