Mandarin commits $19.8m to Italy's Marval
Europe-Asia cross-border focused PE firm Mandarin Capital Partners has committed up to EUR18 million ($19.8 million) for a minority stake in Italian machine parts producer Marval.
According to a statement, the deal includes about $13.2 million in capital investment and purchased shares as well as a pledge to inject a further $6.6 million in case of further business development needs....
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