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Announced

Alantra to acquire a 20% stake in Mutua for €45m.

Synopsis

Alantra, a Spanish asset manager, to acquire a 20% stake in Mutua, insurance company, for €45m. "This transaction strengthens our value proposition to investors by significantly scaling, internationalizing and diversifying our alternative asset management business. The incorporation of Grupo Mutua strengthens our alignment of interests with investors and reaffirms our commitment to run a business free of conflicts of interests,” Santiago Eguidazu, Alantra Executive Chairman.

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