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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.

Click here for the story from Financial Times.

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