4 Financial Stock Stories Getting Tuesday Traction
Goldman Sachs Group Inc. (NYSE:GS): Current price $160.03
Goldman Sachs has pledged to provide Duke Street Capital Ltd., which owns the United Kingdom’s Wagamama restaurant chain, with funds for further leveraged buyouts, said three knowledgeable sources, who explained that Goldman Sachs Asset Management will invest up to €100 million in Duke Street’s planned fund as part of a broader arrangement to buy out investors in the private equity firm’s previous fund.
Duke Street had been endeavoring to raise money to fund takeovers since it abandoned plans for an €850-million pool in February 2012 during the midst of a lack of investor demand.
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