Syntegra Capital and Index Ventures have agreed to sell a 41% stake in listed Italian notebook producer Moleskine to trade buyer D’Ieteren.
The deal valued Moleskine's equity at €506m and saw D'Ieteren paying 240 cents per share. The buyer will launch a public takeover offer on the Milan stock exchange for the remaining Moleskine shares...
LP has previously made investments in CVC's European funds, as well as many mid-market funds
First funding round will support the group's expansion overseas
Shares are placed at €31.60 apiece, which would bring total proceeds up to €411m
Allianz will secure a minority stake, and a representative will join the management board