Charterhouse Capital sells ERM stake to OMERS in $1.7 bln deal: Reuters

Charterhouse Capital Partners has agreed to sell its stake in U.K. environmental consultancy Environmental Resources Management (ERM) to the private equity arm of the Ontario Municipal Employees Retirement System (OMERS) for an enterprise value of US$1.7 billion, Reuters reported. The Alberta Investment Management Corporation (AIMCo) is co-investing in the deal.

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