Growth Fund completes exit from Australian motorcycle dealership
The Growth Fund has sold the remainder of its stake in Australian motorcycle dealership operator MotorCycle Holdings – which it took public last year – for approximately A$18.5 million ($14.5 million).
The private equity firm, previously known as Archer Growth, sold 3.9 million shares in MotorCycle Holdings for around A$4.75 apiece, according to a filing. The stock closed up 1.46% on October 18 at A$4.85,...
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