Private equity firm HarbourVest offers to buy SVG's investment portfolio



HabourVest offered to buy smaller rival SVG Capital's (SVI.L) investment portfolio, providing an alternative to its $1.35 billion cash offer for the company, as it looks to trump an already accepted offer from Goldman Sachs (GS.N) and the Canada Pension Plan Investment Board.
Boston-based private equity firm HarbourVest said it was willing to pay at least 783.1 million pounds for SVG Capital's investment portfolio.
SVG declined to comment when contacted by Reuters.
(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sunil Nair)
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10 October 2016 in Business, Views: 39
Source: Reuters
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