French private equity firm Eurazeo has bought out the half-stake held by Italian investment bank Banca Leonardo in their jointly held private equity investment vehicle Euraleo.

The firm bought the bank's stake for a "nominal amount" of about €4m, despite its portfolio company generating revenues of €243m last year.

Paris listed private equity firm Eurazeo has paid just €4m to take full control of Euraleo from partner Banca Leonardo

Kiel Porter

Eurazeo

Lazard

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Eurazeo takes full control of Euraleo

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