PEP makes another partial exit from Australia's Veda Group
Pacific Equity Partners (PEP) has generated around A$218 million ($192 million) through a partial exit from Australia-listed credit-checking firm Veda Group. It still holds 19.6% stake of the business.
According to a regulatory filing, the PE firm offloaded 100 million shares via an underwritten block trade sale. The GP is understood to have sold its shares at A$2.18 apiece - a 2.7% discount on the previous...
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