Brief: Navigator Global Investments Says New York Life Investment Management To Buy 60% Stake In Invictus Capital Partners
29/09/2026 02:36
BRIEF-Navigator Global Investments Says New York Life Investment Management To Buy 60% Stake In Invictus Capital Partners Sept 29 (Reuters) - Navigator Global Investments Ltd NGI.AX:
NEW YORK LIFE INVESTMENT MANAGEMENT TO BUY 60% STAKE IN INVICTUS CAPITAL PARTNERS FROM CO, OTHER INVICTUS SHAREHOLDERS
REMAINING INTEREST TO BE PURCHASED IN 2031
NGI EXPECTS TO RECEIVE NET UPFRONT PROCEEDS OF APPROXIMATELY USD40-43 MILLION
POTENTIAL EARN-OUT CONSIDERATION OF UP TO USD32 MILLION IN 2030
Further company coverage: NGI.AX
((Reuters.Briefs@thomsonreuters.com;))
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