Ardian has sold its minority stake in Germany-based consumer brands e-commerce business Berlin Brands Group (BBG) to Bain Capital, which has made a USD 700m investment in the company.
GP plans to acquire a majority stake in the business, according to a competition authority filing
New GP specialising in healthcare has already deployed 65% of the fund's target
Decision made to halt an initial public offering as a result of volatile market conditions
Sweden-based technology investor has been listed on the Swedish stock exchange since 1997