STXNEWS LATAM-GP Investments' recent exits add $0.30 to net asset value per share
June 16, 2014 at 07:02 AM EDT
Sunday's sale of a 41 percent stake in BR Towers SA, a Brazilian telecommunications real estate company that operates about 4,300 cellphone towers, and the recent divestiture of a 46 percent stake in truck fleet monitoring company Sascar Participações SA will boost net asset value at buyout firm GP Investments Ltd by 0.67 reais, or $0.30, a share. In a securities filing Monday, GP Investments, the largest Latin American private equity firm, said proceeds from the BR Towers transaction were abou