Goldman advises on third Elis buyout

Goldman Sachs has returned as an adviser on the sale of French textile and hygiene business Elis, five years after advising its previous private equity owners in 2002.

Paris-quoted private equity firm Eurazeo has brought in the US bank to advise its exclusive negotiations with French buyout house PAI Partners which is expected to sell Elis for about €2.3bn ($3.2bn), according to a source close to the situation.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It