Lazard stock rises in premarket on report of recent interest from Abu Dhabi sovereign wealth fund

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Lazard stock rises in premarket on report of recent interest from Abu Dhabi sovereign wealth fund
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Lazard Ltd. stock is up 5.2% in premarket trades on Tuesday after the Financial News reported that Abu Dhabi’s sovereign wealth fund ADQ had launched talks...

Lazard Ltd. LAZ stock is up 5.2% in premarket trades on Tuesday after the Financial News reported that Abu Dhabi’s sovereign wealth fund ADQ had launched talks earlier this y ear to take the investment bank private. The report also said that the firm’s recently-named CEO Pater Orszag is on a mission to “shake up Lazard” after the deal talks with ADQ did not bear fruit.

... Lazard Ltd. LAZ stock is up 5.2% in premarket trades on Tuesday after the Financial News reported that Abu Dhabi’s sovereign wealth fund ADQ had launched talks earlier this y ear to take the investment bank private. The report also said that the firm’s recently-named CEO Pater Orszag is on a mission to “shake up Lazard” after the deal talks with ADQ did not bear fruit.

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