The private equity arms of Goldman Sachs Group Inc (NYSE:GS) and Deutsche Bank AG (NYSE:DB) (ETR:DBK) are reportedly closing in on a £300 million deal to acquire the buyout business of the National Bank of Greece (ADR) (NYSE:NBG) (ADR). However, a final decision on whether the deal will go ahead and its terms has yet to be made. PE units near agreement Citing people familiar with ongoing developments, Bloomberg reports Goldman Sachs Asset Management and DB Private Equity are in late-stage negotiations to pay Greece’s largest lender about £300 million ($506 million) for NBGI Private Equity Ltd., about a third less than the…
Goldman Sachs, Deutsche Bank Near £300m Deal With National Bank of Greece
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports