Listed Swedish GP Ratos has implemented a SEK 1.7bn impairment to the book value of its portfolio, due to underperforming assets.
Around SEK 1.1bn of the impairment was attributable to the GP's investment in Norwegian oil & gas services company Aibel, which has seen substantial strain on its performance as a result of the oil price...
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m