Investment Banking

Goldman Sachs-backed Petershill to delist from London Stock Exchange

Investment vehicle set to return $921m of capital to investors

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Petershill's departure marks a fresh blow to the City Photo: John Keeble/Getty Images

Goldman Sachs-backed investment vehicle Petershill Partners plans to delist from the London Stock Exchange in the latest exit from the bourse.

The firm said it would return $921m of capital to investors, with each shareholder receiving $4.15 per share in cash.

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