Announced
Advent International made a €1.8bn bid for Cerved.
Synopsis
Private equity firm Advent International made a €1.8bn ($2bn) offer for Italian data provider and debt collector Cerved. Cerved was previously backed by CVC, Bain Capital and Clessidra. If successful, this would be this year’s second multi-billion acquisition for Advent which agreed to buy the acrylic sheets unit of Germany’s Evonik for about €3bn ($3.4bn) on March 4 2019.
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