Goldman PE Unit To Pay $900M For Kelso & Co.’s PSAV
Goldman agreed to buy PSAV Presentation Services from Kelso, according to Debevoise & Plimpton LLP, the firm advising the acquisition target in the deal. Kelso bought the company for $413 million in 2007, meaning Goldman’s offer will double Kelso’s initial investment, Reuters said Tuesday.
The terms of the deal weren’t disclosed, though the parties confirmed the sale...
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