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Name | Symbol | Market | Type |
---|---|---|---|
Bilfinger SE (PK) | USOTC:BFLBY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.99 | 9.72 | 11.11 | 1 | 21:05:08 |
By Dominic Chopping
STOCKHOLM--Swedish private-equity fund EQT AB said Sunday that it will sell facility management services provider Apleona Group GmbH to PAI Partners SAS for 1.6 billion euros ($1.94 billion).
EQT VII fund acquired Apleona in 2016 through a carve-out from German industrial-services conglomerate Bilfinger SE, and as a result of the sale to PAI Partners, Bilfinger will receive proceeds of between EUR450 million and EUR470 million.
The deal is expected to close early in the second quarter of 2021.
Deutsche Bank acted as financial advisor to EQT.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
December 07, 2020 02:08 ET (07:08 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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