Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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3i hires Goldman Sachs to run potential sale of Agent Provocateur -NY Times

Fri, 08th Aug 2014 00:33

Aug 8 (Reuters) - London-based private equity firm 3i GroupPlc had hired U.S. bank Goldman Sachs Group Inc to run a potential sale of British luxury lingerie retailerAgent Provocateur, the New York Times reported on Thursday,citing a source.

The Wall Street bank would soon let potential suitorsconduct due diligence, the daily quoted the person briefed onthe matter as saying. (http://nyti.ms/1shtKZ4)

In July, British media outlets had reported that 3i Groupwas exploring a sale of the retailer, for which the firm couldfetch about 200 million pounds ($337 million), including debt.

3i Group and Goldman Sachs could not immediately be reachedfor a comment outside of regular business hours. ($1 = 0.5942 British Pounds) (Reporting by Esha Vaish in Bangalore; Editing by DavidGregorio)

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