SYDNEY, AUSTRALIA: Commonwealth Bank of Australia (CBA) has entered into a binding sale agreement to sell a shareholding of 10% in Bank of Hangzhou (HZB) to Hangzhou Urban Construction & Investment Group and Hangzhou Communications Investment Group, which are entities majority-owned by the Hangzhou Municipal Government. Total gross proceeds expected to be received by Commonwealth…
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LSL Property Services sells its 49.6% shareholding in LMS for £12 million
LONDON, UK: LSL Property Services announced the sale of its holding of 49.6% in LMS (Legal Marketing Services), a provider of conveyancing panel management services, to a UK Private Equity firm, for a cash consideration of £12 million. The sale simplifies the Group structure, providing further capital for deployment into opportunities to accelerate the Group’s…
Sentica sold its shareholding in Solteq Plc for EUR 22.5 million
COPENHAGEN: According to a press release issued by Sentica Partners Oy today, the funds managed by Sentica, consisting of Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky, have sold all of their shareholdings in Solteq Plc. Sentica has sold today a total of 4,801,293 shares in Solteq to a group of institutional investors…