Citizens Financial Group Advises on Sale of Majority Stake in LayerZero Power Systems to Advent International

Reuters

2025/07/31

<a href="https://laohu8.com/S/CFG">Citizens Financial Group</a> Advises on Sale of Majority Stake in LayerZero Power Systems to Advent International

Citizens Capital Markets & Advisory has announced that it acted as the exclusive financial advisor for LayerZero Power Systems, Inc. in the sale of a majority stake to Advent International. LayerZero, established in 2001 and based in Aurora, Ohio, is a prominent manufacturer of critical power equipment for data centers and other essential applications. The partnership with Advent, a global private equity investor, is set to enhance LayerZero's operational scale. Milind Bhanoo, co-founder and CEO of LayerZero, expressed gratitude towards Citizens for their comprehensive support throughout the process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citizens Financial Group Inc. published the original content used to generate this news brief on July 31, 2025, and is solely responsible for the information contained therein.

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Citizens Financial Group Inc. published the original content used to generate this news brief on July 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nNDLkB8zm:1","article_id":"2555835177","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555835177","pubTimestamp":1753966964,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Citizens Capital Markets & Advisory has announced that it acted as the exclusive financial advisor for LayerZero Power Systems, Inc. in the sale of a majority stake to Advent International. 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