The dossier of Business Integration Partners (BIP), owned by Apax France, has attracted strong interest from private equity firms, three sources close to and three sources familiar with the situation told Unquote sister publication Mergermarket.
GP intends to acquire a stake in acquirer Dustin, which Altor listed in 2015
According to Borsen, the GP's stake is more than 35% and that the deal valued Luxion at almost DKK 1bn (€134.5m)
Fund enables Phoenix to build portfolios with exposure to venture capital investments for its policyholders
Cathay and Seaya expect to build synergies and further develop their complementary expertise