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Investors eye emergency meeting ahead of Clessidra sale

Sale of the Italian private equity firm, whose future was thrown into doubt after the death of its founder in January, is close to being agreed

Investors eye emergency meeting ahead of Clessidra sale
Photo: iStockPhoto

A group of investors in Milan-based private equity house Clessidra are planning an emergency meeting to discuss the future of the firm, which is on the verge of being sold.

The institutions are in the process of arranging a conference call for May 9 to discuss the sale, according to one of the investors.

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