Cinven Ups Stake in Camaieu

Private equity firm Cinven has upped its stake in French budge retailer Camaieu by 30%, paying roughly 388 million euros ($546 million), Reuters reported. The firm now owns about 95% of the company, having bought a 65% stake in Camaieu from Axa Private Equity in 2007 for 1.5 billion euros.

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