Electra Private Equity receives offer for largest investment

Electra Private Equity has announced that it has received a binding offer from funds advised by BC Partners for Allflex Holdings, its largest investment.

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.

NR

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