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EQT to sell Contex

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According to press reports, EQT is preparing to sell its shareholding in Contex, a Danish manufacturer of flatbed scanners. EQT acquired Contex in May 1999 for approximately E65m, and the company is expected to be sold for E150m. The sale will be the third exit EQT has made in the last three months, following on from the sale of its investment in Finnish bakery Vaasan & Vaasan to CapVest and the sale of Dahl to Saint-Gobin.

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