Candover Fund Buys 40 Percent Of Technogym For €400 Million

2008-07-11T00:00:00

The private equity fund Candover has agreed to buy a 40 percent stake in Technogym for about €400 million, valuing the large Italian fitness equipment company at €1 billion in terms of enterprise value. The majority stake will remain in the hands of the family of Nerio Alessandri, founder and ...

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