ABU DABI’s royal family buys 67% cortefiel to CVC and PAI | Companies

by Andrea
0 comments

The Royal Family of Abu Dabi, through its Multiply Group investment vehicle, has closed the 67% acquisition of the capital of the textile group owner of Cortefiel and Springfield, to its two owners, CVC and PAI. These have long sought an exit route to their investment in the textile, arriving

Finally, the funds have opted for the sale of more than two thirds of the capital to Multiply, valuing the transaction at about 1,000 million euros, market sources explain.

News in development. There will be extension.

source

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC