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Candover seals second deal in 24 hours

Candover Investments, a UK-listed buyout group, has sealed its second deal in two days by selling Norwegian cable television operator GET. The sale also marks Candover's first exit from its 2005-vintage fund.

The Nkr5.8bn (€745m) sale to rival buyout groups Quadrangle Capital and Goldman Sachs Capital Partners follows Candover's acquisition of tax consultancy Alma Consulting yesterday.

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