Keter backs ABM Italia buy with €300 mln of additional loans: Reuters
Israeli furniture maker Keter Group’s acquisition of Italian plastic furniture manufacturer ABM Italia will be backed with a €300 million (US$322 million) leveraged loan, Reuters reported. Keter Group, bought by U.K. private equity firm BC Partners and Canadian pension fund manager PSP Investments earlier this year, agreed to acquire ABM Italia, it was announced this week. The deal was valued at €400 million, sources said.
7 December 2016•1 min read
