CHAMP raises stake in Blue Star
CHAMP Private Equity-controlled Blue Star Group, a trans-Tasman-Australia printing company, has reportedly received an additional capital contribution from CHAMP Private Equity, coming the same day that Blue Star announced that it would soon announce a new refinancing package with its lenders.
CHAMP acquired an 84% stake in the company for NZ$385 million ($287.3 million) in 2006. Financial details concerning its recent investment were not disclosed. Local reports attribute Blue Star’s depressed...
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