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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

EQT and GIC acquire Springer from Cinven and Candover

Posted on 14 December 2009

The Board of Directors of Springer Science+Business Media (Springer Group), composed of Springer executives and representatives of Cinven and Candover, have agreed to accept an offer from and have signed a sales agreement with a partnership of EQT, a private equity investor based in Sweden, and GIC, a Singapore-based co-investor, for all shares of the Springer Group.
The Springer Group is the world’s second largest scientific, technical and medical (STM) publisher and a leader in the digitalization of scientific information……………………………….Full Press Release: Source

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