CVC to buy minority of DKV Mobility Services

CVC Capital Partners said Nov. 16 that it agreed to buy a minority of DKV Mobility Services Group. Financial terms weren’t announced. DKV family shareholders, the sellers, will retain a majority of the company, owing 80 percent. DKV issues cards that are used by commercial drivers to pay for fuel, toll and other services in more than 40 European countries without having to carry cash, the Wall Street Journal said.

19 November 2018•2 mins read
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