Electra Private Equity has announced that it has received a binding offer from funds advised by BC Partners for Allflex Holdings, its largest investment.
The offer, which values Afflex at over $1.3bn, would result in gross proceeds to Electra of $398m.
Approval must now be sought from the relevant works council in France and several other regulatory bodies.
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Barclays begins paying up to £100 compensation to customers after banking outageBarclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
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Review: Shangri-La Paris – an ode to the world’s best foodNatasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
