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Investment firm HLD has entered exclusive negotiations to acquire a majority stake in TSG Group, a fuel dispensing equipment supplier with EUR 650M revenue, at a valuation of nearly EUR 500 million. ICG is reported to provide a EUR 280 million unitranche to finance the deal.
“L'opération valoriserait l'entreprise près de 500 M€.”capitalfinance.lesechos.fr
Summarized from public sources; check the original articles before acting on it.