Socotec nets €236m financing for Cobepa takeover bid

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Socotec nets €236m financing for Cobepa takeover bid

France’s Socotec has agreed on a €236m debt financing to support its planned takeover by a consortium led by Cobepa. The Belgian investment company, together with other investors including Five Arrows Principal Investments, have entered into exclusive negotiations with Socotec’s owner Qualium Investissement.

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