The Spanish utility firm Endesa, controlled by Italian giant Enel SpA, is reportedly examining the sale of 80% of its gas transport and distribution business in an effort to reduce the group's borrowings.
Buyout reportedly values the pharmaceutical glass packaging producer at around €900m
Vehicle will co-invest in European tech scale-ups alongside the venture capital funds in which it is invested
Procuritas will become the majority shareholder, while the founders of the companies will have a significant minority ownership of the merged entity
ProFounders Capital scores 25x money on the listing; other investors include Partech