Candover ploughs estimated £54m into Wood Mac

European buy-out firm Candover has invested an estimated £54m (€80.4m) in Wood Mackenzie, the Edinburgh-based energy and life sciences research firm. Candover would not confirm the figure or the size of the stake.

However, it said that the stake makes its €2.7bn ($3.3bn) Candover 2001 Fund 81% invested, up from its previous 78%. This suggests it has spent about €81m, or £54m, on Wood Mac.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump