M&A WATCH- BNP Paribas said yesterday that it acted as the sell-side advisor to EFG Hermes Private Equity on its placement of a 45% stake in Vortex UK Solar in December 2017. The stake was sold to Kumpulan Wang Persaraan (KWAP) in a GBP 67.5 mn transaction. BNP Paribas was appointed by EFG Hermes to run a competitive sale process for the 45% stake among Asian investors and the transaction is BNP Paribas’ third for EFG Hermes.

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