Market rumour suggests that Intesa Sanpaolo SpA is close to completing the sale of its real estate unit, IMMIT Immobili Italiani SpA, to Fimit Srg in a deal that would value the business at a shade under EUR 1bn.
Charcoal and natural additives company saw final bids from two banks and one direct lender
VCs including the Swiss Entrepreneurs Fund, BtoV and Ringier Digital Ventures also participated
Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses