Syntegon, the German packaging machinery manufacturer owned by CVC Capital Partners, has increased its debt by 40% to €1.6bn to fund a shareholder dividend exceeding €550m ($648m) after an outright sale process was paused, according to a report by Bloomberg.
The report cites unnamed sources familiar with the matter as revealing that the private equity firm is now considering selling a minority stake in Syntegon, potentially to another private equity investor. As part of the move, the company ext...
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