PE Biz sells stake in insurance comparison site for £53m

By Martin Croucher (June 23, 2022, 4:15 p.m. BST) – Private equity firm Oakley Capital Investments announced on Thursday that it has sold its stake in Italian price comparison site for £53 million ($65 million). of dollars).

Oakley, which held an unspecified minority stake in the company, said it sold its stake to California-based technology investment firm Silver Lake.

Swedish investment firm EQT also said it had sold its majority stake in Milan-based and the deal would be finalized in the third quarter of the year. EQT did not say how much it would earn from the sale.

Silver Lake said the deal, for an undisclosed amount, meant…

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