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A mixed Christmas

France unquote | 01 Jan 2010 | secure

2009 has ended as a bit of a mixed bag for French private equity. On the one hand, this month has seen a couple of restructurings, with Duke Street Capital having its share in Navimo reduced to 30% after BNP Paribas took control, and both CVC and the beleaguered Cognetas lost their entire investment in Chevrillon Philippe Industrie (CPI) to the company's lenders

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