U.K. buyout firm Cognetas is seeking to offload Tokheim SAS, Bloomberg reports. The sale may fetch up to €500 million. JPMorgan Chase & Co. has been appointed to manage the sale of the Paris-based maker of gas station equipment. Cognetas originally acquired Tokheim from AXA Private Equity for €249.4 million in 2005. Cognetas is eyeing stakes worth as much as €250 million in European companies.

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