Last month Germany’s former finance minister Peer Steinbrueck advocated a tough stance on private equity, saying banks should be banned from lending to private equity funds.
Deal ends a five-year stint under Foresight ownership, which first invested in 2013
Trevi appointed a chief restructuring officer in 2017 to negotiate a debt restructuring plan
AI business will look to expand beyond marketing and into robotics, healthcare and education
Company's founders and CEO Klaus Schmidt have retained a significant minority stake