Private Equity

Spain’s Bankia sells property management arm to U.S. fund Cerberus

MADRID, Sept 3 (Reuters) – Spain’s state-rescued lender Bankia on Tuesday said it had sold its property management arm to U.S. fund Cerberus at a price of between 40 million euros ($53 million) and…

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UPDATE 1-Citigroup to sell private equity fund to Rohatyn Group

Sept 3 (Reuters) – Citigroup Inc said it will sell a $4.3 billion private equity fund, known as Citi Venture Capital International, for an undisclosed price to investment firm Rohatyn Group.

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Mandarin Capital sold IMA stake at 18.6 euros/share

MILAN, Sept 3 (Reuters) – Chinese-Italian private equity fund Mandarin Capital has sold its 7.57 percent stake in packaging machinery company IMA at 18.6 euros per share, two traders told Reuters on…

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