Sweden Finland city Bain Target Sweden Finland city Bain

Fresh twist in PE battle over Caverion as Bain makes new offer

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A private equity bidding war for a Scandinavian construction technology firm took a fresh twist last night after Bain Capital laid out two new proposals.US buyout giant Bain and Swedish private equity house Triton have both been vying for Finnish takeover target Caverion in recent months.The board recommended late on 24 January that shareholders...

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