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IN BRIEF: Oakley Capital Investments takes part in XTEL stake purchase

ALN

Oakley Capital Investments Ltd - closed-ended fund offering access to private equity investments of manager Oakley Capital Ltd - Invests up to £33 million as part of the acquisition of a majority stake in Xtel Group by Oakley Capital Fund VI. Xtel is a Ledegem, Belgium-based provider of revenue management and trade promotion software for consumer packaged goods companies. Details of Fund VI’s total investment are not provided. Oakley Capital notes that Xtel serves more than 400 consumer goods brands, including Unilever PLC, PepsiCo Inc, and Johnson & Johnson.

Current stock price: 504.00p, down 0.8% in London on Tuesday

12-month change: up 3.9%

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