Apax readies £975m funding package

December 09, 2009 12:00 am

Apax Partners has bought healthcare company Marken Group for £975m in a secondary buy-out — a move which has cheered the deal-starved leveraged finance markets, which can expect a financing for the deal next year. Meanwhile, the Carlyle Group is looking to buy Shanks Group for around £535m. Read EuroWeek on Friday for the market reaction

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