PAI Cuts Chr Hansen Stake To 37%

PAI Partners has sold a stake in Danish food ingredients maker, Chr Hansen.

PAI Partners has sold a stake in Danish food ingredients maker, Chr Hansen, Reuters reports. The French private equity investment firm has not disclosed the financial details of the transaction.

With the sale, PAI Partners has cut its stake in Chr. Hansen to 37.4% from 55.6%. The firm sold 25 million shares through its Financière Star 1 vehicle, adds AltAssets.

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