LPX50 constituent company, Deutsche Beteiligungs AG (DBAG) has announced the partial sale of investment in Solvares Group to Five Arrows Principal Investments.
DBAG announced that sales proceeds from the transaction were slightly above the fair value of the investment as of December 31, 2023.
DBAG expects slightly positive value contribution from the transaction in the current quarter.
🔷 Link to official press release 👉 https://lnkd.in/eSC8fnbm
🔷 Subscribe to Listed Private Equity Barometer published by LPX AG 👉 https://lnkd.in/ex-E8nej
Disclaimer: This content is provided for informational purposes and none of the content here should be construed as financial advice or an offer or solicitation for securities. The content is not intended to provide a sufficient basis on which to make an investment decision. The past performance is not indicative of future results.
#privateequity #alternativeinvestments #privatemarkets #investments #listedprivateequity #technology #business #investing #IT
Head Corporate Real Estate Portfolio Management CH at UBS
9moCongrats to Andrea Blotti and Manuel Sassella for this important milestone. Well done! You got two new solid and experienced strategic shareholders who will contribute to the future development of your business. We believe in you and in Erop Real Estate & Partners AG 👍