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BRIEF-Epiris bags $85mln from sale of RISI to Euromoney
April 21, 2017 / 6:09 AM / 7 months ago

BRIEF-Epiris bags $85mln from sale of RISI to Euromoney

April 21 (Reuters) - Electra Private Equity Plc

* Epiris receives 67 million pounds ($85.83 million)from the sale of risi

* Following receipt of regulatory approvals, sale of risi to euromoney institutional investor plc for $125 million completed on 6 april 2017

* Sale is sixth major realisation from axio’s portfolio and takes total cash proceeds received by electra from its investment in axio to almost £420 million, or 4.6x original cost

* Total return, including electra’s investment in remainder of axio group, including techinsights, to more than 5x original cost Source text for Eikon: Further company coverage: ($1 = 0.7806 pounds)

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