Oakley sells stake in atHome to Apax

(Sharecast News) - Pan-European private equity investor Oakley Capital said it had sold its stake in Luxembourg-based property and auto market provider atHome to Apax Partners. OCI's look-through share of proceeds is anticipated to be £16m, with the sale resulting in an uplift of 2p a share to the company's net asset value.

atHome also offers financial services spanning mortgages, insurance and tax, helping consumers through all stages of a transaction, OCI said on Thursday.

Reporting by Frank Prenesti for Sharecast.com