German GP Mutares has announced it has made a binding offer to carve out France-based ArcelorMittal TrefilUnion, a manufacturer of products from different kinds of steel, from the Luxemburg-based group ArcelorMittal.
Italian investor has held a final close on the vehicle's hard-cap, having launched in June
New recruit joins the GP eight months after it closed its £142m maiden institutionally backed fund
Deal is the sixth investment by the Antea Participaties VIII fund, which closed on €30m in 2017
Germany-based trade buyer DSpace has acquired autonomous driving software company Understand.AI