BRIEF-Petershill To Buy Azimut’S Stake In KLIM For $225 Mln

-0.62%

-0.24%

+0.23%

Dow Jones Industrial Average

DJI

48114.26

-0.62%

S&P 500 index

SPX

6800.26

-0.24%

NASDAQ

IXIC

23111.46

+0.23%

April 3 (Reuters) - Azimut Holding SpA AZMT.MI:

AZIMUT GROUP AND PETERSHILL AT GOLDMAN SACHS ASSET MANAGEMENT ENTER INTO A BINDING AGREEMENT TO BUY AZIMUT’S STAKE IN KENNEDY LEWIS INVESTMENT MANAGEMENT IN THE US
SALE FOR ALL-CASH TOTAL CONSIDERATION OF $225 MILLION

Further company coverage: AZMT.MI

(Gdansk newsroom)

((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.