Industri Kapital boosts fundraising effort with partial exit

Industri Kapital, the Nordic-based private equity firm, has cheered potential investors by returning money via a €135m ($154m) recapitalisation on Fives-Lille, a French engineering company.

Jean-Baptiste Wautier, a managing director of the French team, said the recapitalisation had not been planned when the firm took Fives-Lille private in June 2001. The company had a market cap of €235m at the time.

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