SSG buys stake in Cox & Kings subsidiary
Hong Kong-based special situations investor SSG Capital Management has paid an undisclosed sum for a 34.4% stake in a UK subsidiary of Indian travel company Cox & Kings (C&K) known as Prometheon Holdings.
According to a statement, the transaction facilitates a complete exit for The Rohatyn Group, which gained exposure to Prometheon in 2013 through the purchase of the portfolio of Citi Venture Capital International...
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