BC Partners Buys Gruppo Coin in $1.34B Deal

Buyout shop BC Partners will buy Italian clothing retailer Gruppo Coin in a deal valuing the company at 930 million euros ($1.34 billion), Reuters reported. The firm will acquire 78.7% of Gruppo Coin, buying a large part of its a stake from PAI Partners, Reuters said. PAI Partners currently owns 69.3% of Coin.

9 May 2011•1 min read
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