GP Investments to control Magnesita

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Published: Thursday, 30 August 2007

13 August 2007
Private equity group GP Investments takes controlling share of Brazilian magnesite and refractories leader

Further to our earlier report on interest and speculation over the sale of Magnesita SA, leading Latin American private equity group, GP Investments Ltd, has succeeded in outbidding rival offers and has secured 70.7% of voting capital and 38.6% of Magnesita’s total...

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