Following a meeting with shareholders and lenders on Monday, Dubai-based private equity house Abraaj has said it is negotiating a standstill agreement with secured creditors.
CIC is also fundraising for CIC Mezzanine & Unitranche 5, which launched in September and held a first closing on €150m
Round is one of the largest venture capital deals in Germany this year
Berthoux and Desmottes join as operating partners, while Philips becomes a strategic partner
Vitrulan has acquired the business for its broader product range and to expand internationally