This content is from:APP亚博娱乐

Bain In Talks To Sell FCI Unit For €600M

Bain Capital is in discussions to offload MIC, a unit of French electrical connectors maker FCI, to Astorg Partners for more than €600 million.

    Bain Capitalis in discussions to offloadMIC, a unit of French electrical connectors makerFCI, toAstorg Partnersfor more than €600 million,The Wall Street Journalreports. Other bidders included French private equity firmAxa Private Equity.

    销售过程是贝ng managed byGoldman SachsandCitigroup. FCIwas acquired by Bain from French energy companyArevafor €1.07 billion in 2005. MIC makes micro connectors used in devices, such as smart cards and circuits used in the automotive, communications, data and consumer markets.

    Click here for the story fromThe Wall Street Journal.

    Related Content