UK - Permira completes £228m acquisition of Just Retirement
Permira has completed the delisting of financial services company Just Retirement in an all-equity deal of ТЃ228m, as reported on unquote" news in September.
In addition to the purchase price of £228m, Permira will inject further capital of £25m to support the long term growth of the company.
Founded in 2004, Just Retirement provides financial services to meet the needs of people in retirement. The company provides enhanced retirement annuities, as well as offers equity release solutions.
Credit Suisse advised Permira, while Just Retirement was advised by Deutsche Bank.
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