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Advent International takes 50 per cent stake in Brazilian holding company

25 Jun 2009

Advent International, the global private equity firm which recently approached German aluminium producer Almatis about providing new funds for its debt restructuring plan, has acquired 50 per cent of Pitágoras Administração e Participação (PAP). PAP is the Brazilian holding company that controls private education company Kroton Educacional.

 

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