
French mid-market on the mend
At long last, activity in the French €100m+ buyout market showed signs of improvement in the second quarter. The Alain Afflelou and St Hubert transactions certainly helped: the former was acquired by Lion Capital in an €800m SBO in May, while Montagu clinched the spread producer from Dairy Crest Group for €430m in June.
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Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
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