Goldman Sachs has successfully seen off a lawsuit worth £68m (€101m) brought by disgruntled Belgian investment company IFE Fund.

IFE alleged that Goldman withheld information about the financial state of an acquisition target for Autodistribution, a French auto-parts supplier owned by private equity firms Butler Capital Partners, Axa and CDC.

Oliver  Smiddy

Goldman Sachs

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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IFE fails with Goldman lawsuit

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