German private equity house Aurelius has acquired Isochem from SNPE for €8m. SNPE will take on €50m in debt from Isochem. The deal is subject to approval by the SNPE board. Unions at Isochem are opposed to the deal and are expected to call for a strike. Aurelius was one of five potential acquirers and was given exclusive negotiating rights in December.
Les Echos
Saturday 13 February 2010
Aurelius acquires Isochem
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment