Australia's PEP in $541m partial exit from Veda
Pacific Equity Partners (PEP) has exited half its stake in credit-checking firm Veda Group in a deal worth around A$580 million ($541 million).
According to a regulatory filing, the private equity firm sold 269.45 million shares at A$2.15 apiece. The price represents a 2.3% discount to Wednesday's closing price of A$2.20. The divestment came after...
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