The proposed take-private of headhunting firm Whitehead Mann led by Och-Ziff is reported to be under threat from Jeremy Hosking. He has already built up a stake in the company through his vehicle Marathon Asset Management and apparently intends to augment this by purchasing shares with his own funds.
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Bowmark will provide additional funding of £100m to fund the company's add-ons acquisitions
Exit represents an 18x return on Octopus's initial investment and a 9x return on its total investment
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties