May 19 (Reuters) - Peugeot Invest SA PEUG.PA:
PEUGEOT INVEST SELLS PART OF ITS PRIVATE EQUITY FUNDS’ INTERESTS FOR €227 MILLION
TRANSACTION INVOLVES TRANSFER OF €68 MILLION IN UNFUNDED COMMITMENTS
FIRST PAYMENT SCHEDULED AT CLOSING, EXPECTED BY END OF FIRST HALF OF 2025
FOLLOWING COMPLETION, PRIVATE EQUITY FUND PORTFOLIO WILL BE 55% EXPOSED TO U.S. AND 30% TO EUROPE
IMPACT OF TRANSACTION ON NET ASSET VALUE WILL BE NON-MATERIAL
Further company coverage: PEUG.PA
(Gdansk Newsroom)
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