HarbourVest extends deadline in £1bn takeover battle with rival SVG Capital



US private equity firm HarbourVest has extended its deadline for shareholders to back a £1billion offer for rival SVG Capital.
The firm only has 36.2 per cent support after being outbid by Goldman Sachs and the Canada Pension Plan Investment Board, who are offering £1.1billion.
HarbourVest has given investors in SVG until 1pm on Thursday to accept its proposal. 
RELATED ARTICLES Previous 1 Next An £8.1m payday for boss of private equity firm SVG... Sports Direct shares take a dive after retailer warns that... Share this article Share It would need support from three quarters to take SVG... read more

 
7 October 2016 in Business, Views: 44
Source: Daily Mail
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