HarbourVest Plans Alternative Bid for SVG Just for Portfolio

  • Co. says offer in line with that of Goldman, CPPIB proposal
  • SVG says it’s yet to receive new offer from HarbourVest

HarbourVest Partners LLC, whose earlier offer to buy SVG Capital Plc was rejected, said it’s willing to make an alternative bid for the whole of the U.K. firm’s investment portfolio, mirroring a proposal made by Goldman Sachs Group Inc. and the Canada Pension Plan Investment Board.

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