Blackstone Seeks €630M For Mivisa Buy

A group led by Blackstone has appointed Barclays Capital, Deutsche Bank, Goldman Sachs and Morgan Stanley to arrange €630 million of leveraged financing package to acquire Mivisa.

A group led by Blackstone has appointed Barclays Capital, Deutsche Bank, Goldman Sachs and Morgan Stanley to arrange €630 million of leveraged financing package to acquire Mivisa, Bloomberg reports. The financing may also include a €440 million term loan targeting non-bank lenders. The group, including Dinamia Capital Privado and N+1 Private Equity, is acquiring Murcia-based Mivisa from CVC Capital Partners as per the deal, which will value Mivisa at about €900 million. Financial terms of the deal have not been disclosed.

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