Brief: Pacific Current Group Announces Sale Of Partial Interest In Pennybacker Capital Management
14/05/2024 24:20
May 14 (Reuters) - Pacific Current Group Ltd PAC.AX :
* SALE OF PARTIAL INTEREST IN PENNYBACKER CAPITAL MANAGEMENT
* PAC WILL RECEIVE APPROXIMATELY US$35.2M
* DEAL FOR SELLING 55% OF PAC'S 16.5% STAKE IN PENNYBACKER,
ALL
ITS 2.5% CARRIED INTEREST ENTITLEMENT FOR PENNYBACKER FUNDS
Further company coverage: PAC.AX
((Reuters.Briefs@thomsonreuters.com;))
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