12th Apr 2016 08:43
LONDON (Alliance News) - Intermediate Capital Group PLC on Tuesday said some equity interests held by its ICG Asia Pacific Fund 2005 and the ICG Asia Pacific Fund 2008 in Link Market Services have been sold.
The FTSE 250-listed fund manager said the total proceeds from the sale of the interests was AUD161.0 million. Of this, 36% has gone to Intermediate Capital itself, with the balance going to the two funds.
Link Market Services is an Australian superannuation fund administrator and shareholder registry services provider.
Shares in Intermediate Capital were down 0.4% to 604.60 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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