Grant Thornton UK Agrees to Sell a Stake to Cinven: FT

Grant Thornton UK has agreed to sell a stake to Cinven, the Financial Times reports, without saying where it got the information.

• The size of the stake and the price that Cinven has agreed to pay could not immediately be learned, the FT reports
• Grant Thornton UK told the FT in a statement that it had “agreed initial terms with an investor,” adding that “the terms of any transaction remain confidential and are subject to ratification by the partnership and regulatory approval.”
• Cinven declined to comment to the FT

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Alexander Pearson ...