Prosol pushes leverage with €1.4bn buyout

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Prosol pushes leverage with €1.4bn buyout

Food Store

The loan package backing Ardian’s buyout of Prosol Group, the parent of French food retailer Grand Frais, is set to increase leverage at the firm to more than five-and-a-half times Ebitda, a level that one investor said was overly aggressive in the sector.

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