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Bregal Capital May Buy IFG For €231.2M

Bregal Capital is seeking to take over IFG Group.

Bregal Capital is seeking to take over IFG Group, Bloomberg reports. The London-based private equity firm may pay €231.2 million for IFG.

As per the deal, shareholders of the Dublin-based pension adviser and administration company will receive a cash offer of €1.80 per IFG unit cum dividend. Bregal may offer an option for IFG shareholders to reinvest their offer proceeds in the bid vehicle.

Click here for the story from Bloomberg.

Click here for additional coverage from Reuters.

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