Ashurst has taken a lead role on the wind down of listed buyout group Candover, which announced plans to return cash to investors last week (31 August), having failed to conclude a deal to sell its assets to Alberta Investment Management six weeks ago. Candover Investments said in the announcement of its first half results last week that it was set to conduct a sale of its portfolio in order to distribute value to investors.
September 08, 2010 at 04:49 AM
1 minute read
The original version of this story was published on Legalweek
City firm takes lead role on Candover Investments wind down after proposed asset sale falls through
Ashurst has taken a lead role on the wind down of listed buyout group Candover, which announced plans to return cash to investors last week (31 August), having failed to conclude a deal to sell its assets to Alberta Investment Management six weeks ago.
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