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Synopsis
Private equity firm Latour Capital completed the acquisition of a 33% stake in Funecap, a funeral services and crematoria provider in France, from Charterhouse Capital Partners, one of the longest established private equity firms operating in Europe, for $398m. The management team and Charterhouse will look to provide significant reinvestment alongside Latour. The completion of the transaction is subject to the approval of the competition authorities.
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