Yozma Enterprise Funds is in talks to sell its share of Canal for much more than $ two hundred million, Globes reported Thursday.
The customer isSilver Lake, a U.S. based non-public equity agency, which is paying out amongst $ 200 and $ 250 million for the stake of the business. The Globes describes the company as having “large foreign financial commitment firm that has tens of billions of dollars in belongings below conduite.”
Yozma invested $ one.5 million the business again in 2006 and got a nine % stake in the company. With this most up-to-date deal, Yozma will see a 20,000 % return on financial commitment, which is staggering.
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