FRANCE - OFI close to completing Léon privatisation

frowell
28 August 2008

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OFI Private Equity is edging closer to completing its take-private of restaurant chain Léon de Bruxelles, having upped its stake to 90.01%.

OFI and the management team launched a joint takeover bid for the business in March 2008. The offer, worth EUR 10.9 per share, values the business at EUR 64.9m.

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