Monday, June 25, 2007

UPDATE 1-J.C. Flowers to control Italy's Euromobiliare

(Reuters) - Credem has agreed to sell Euromobiliare to a
management buyout called E2Holding for 120.9 million euros
, it said in a statement.




J.C. Flowers will then take a controlling stake in the
management buyout, Credem said. Italy's Mid Industry Capital
will take a minority stake.


Read more at Reuters.com Mergers News

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