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New Deal


Announced

Oaktree to acquire an 82% stake in Castello from ISA.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For82%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Asset Managers and Custodians

fund management

alternative assets management

Private

Friendly

Italy

Pending

Acquisition

Private Equity

Majority

Single Bidder

Cross Border

Synopsis

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Oaktree Capital, a private equity firm, agreed to acquire an 82% stake in Castello, an Italian alternative fund manager focused on real estate, from ISA, a private equity investment and holding firm. Financial terms were not disclosed. “The strong financial resources and professionalism of our two shareholders will allow us to have an international reach and further expand our activities in Italy,” Giampiero Schiavo, Castello CEO.

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