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BRIEF-Electra to receive 26 mln stg from sale of TechInsights to Oakley Capital
May 15, 2017 / 6:19 AM / 7 months ago

BRIEF-Electra to receive 26 mln stg from sale of TechInsights to Oakley Capital

May 15 (Reuters) - Electra Private Equity Plc

* Epiris is pleased to announce that its portfolio company axio group (“axio”) has agreed sale of techinsights to oakley capital

* Based on today’s exchange rates, electra private equity plc (“electra”) would receive proceeds from axio of £26 million

* Sale would increase total cash proceeds received by electra from its investment in axio to £455 million, equivalent to 5.0x original cost, and an irr of 76% Source text for Eikon: Further company coverage:

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