It has announced the completion of the sale of the energy research group owned by its UK - based unit to Warburg Pincus . As announced last month , Warburg Pincus purchased the unit for $ 120.5 ##m in cash and ITG expects to realise a profit of more than $ 90 million after taxes from the transaction .
ITG has announced the completion of the sale of the energy research group owned by its Calgary-based unit to Warburg Pincus. As announced last month, Warburg Pincus acquired the unit for $120.5m in cash and ITG expects to realise a gain of more than $90m after taxes from the transaction.