Astorg has signed a binding agreement for the sale of Luxembourg-based TV operator M7 Group to French peer Canal+, a subsidiary of the listed media company Vivendi, in a deal valued at around €1bn.
Shares are sold by shares were held by CapMan Buyout X Fund A and CapMan Buyout X Fund B
Advent made a takeover offer of 165 pence per share in cash, which represents a 34% premium in July
Business strategy platform will expand its product and triple its team size
Fund targets companies operating in the healthcare industry, primarily pharma, medtech and outsourced services