Hillhouse Nears LRQA Minority Stake Deal From Goldman Sachs as Friday Announcement Looms
Updated
Updated · Bloomberg · Jun 5
Hillhouse Nears LRQA Minority Stake Deal From Goldman Sachs as Friday Announcement Looms
1 articles · Updated · Bloomberg · Jun 5
Summary
Hillhouse Investment is close to buying a significant minority stake in UK-based certifications and inspections company LRQA from Goldman Sachs' asset management arm, people familiar with the matter said.
Friday could bring an announcement, with the Asian investment firm finalizing the last details of the transaction.
The deal would give Hillhouse exposure to LRQA, a UK-based business focused on certification and inspection services, while marking a partial stake sale by Goldman Sachs.