Astorg in Exclusive Talks for FCI Unit

French buyout shop Astorg Partners is in exclusive talks to buy the microconnections division of French electrical connectors maker FCI from Bain Capital. The $1 billion deal is backed by 355 million euros ($498.3 million) of debt, Reuters reported Thursday. Goldman Sachs, Nomura and Royal Bank of Canada have been instructed as bookrunners and mandated lead arrangers, Reuters wrote.

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