Wendel Buys Parcours Stake For €107M
French private equity group, Wendel, has acquired a stake in Parcours.
French private equity group, Wendel, has acquired a stake in Parcours, Financial Times reports. Wendel has acquired 95% of the car leasing specialist for about €107 million. The remaining stake will be held by the Parcours management. Parcours was taken private by private equity firm, Atria, in 2005.
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