PE firm SVG Capital to sell investment portfolio to HarbourVest



Britain's SVG Capital Plc SVG.L agreed to sell its investment portfolio to HarbourVest for about 807 million pounds after the private equity firm elbowed out Goldman Sachs Group Inc-led consortium with a sweetened offer.
SVG said HarbourVest's (HVPEa.L) offer of 715 pence per share represents a 0.6 percent premium to the value of its investment portfolio at the end of July.
The company had previously accepted an offer of 680 pence per share, or 748 million pounds, from Goldman (GS.N) and the Canada Pension Plan Investment Board for the portfolio.
SVG said the portfolio sale and a wind down... read more

 
18 October 2016 in Business, Views: 41
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31