Goldman Sachs unit in talks to buy stake in Permira – WSJ

Industry:    2020-03-06

A unit of Goldman Sachs Group Inc is in talks to buy a stake in private equity firm Permira, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Petershill, an arm of Goldman that invests in alternative-investment firms, would pay 500 million euros (433.04 million pounds), for a minority stake in Permira, according to the report.

The potential deal would value Permira at more than $5 billion, WSJ said.

Goldman Sachs and Permira did not immediately respond to a Reuters request for comment.

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