Ardian to sell Novacap majority stake to Eurazeo, Mérieux Développement

Ardian said Monday that it has entered exclusive negotiations to sell its majority stake in Novacap to Eurazeo and Mérieux Développement. Financial terms weren’t announced. Ardian will remain a minority shareholder. Novacap, of Lyon, France, is a diversified chemicals Group that produces and distributes essential chemicals that are used in everyday products.

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