SVG Capital confirms in talks with Goldman, Canada's CPPIB

Mon Oct 3, 2016 4:04am EDT
 
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(Reuters) - SVG Capital SVI.L said on Monday that it was in talks with a consortium that included Goldman Sachs (GS.N: Quote) and the Canadian Pension Plan Investment Board ("CPPIB"), confirming media reports about other bidders for the British private equity firm.

SVG Capital, which had spurned U.S. rival HarbourVest's $1.5 billion-bid since mid-September, said it was also in talks with a second consortium regarding sale of some of its assets.

SVG Capital said it would provide further updates on the discussions on Tuesday.

(Reporting by Vidya L Nathan in Bengaluru; editing by Simon Jessop)