Downer & Company Assists Aker Asa on Sale of Aker Material Handling to Altor Equity Partners
Downer & Company, an international investment banking firm specializing in mid-market cross-border acquisition and divestiture advisory services, is pleased to announce that Aker ASA has signed an agreement to sell Aker Material Handling to Altor Fund II, which is managed by Altor Equity Partners AB, a leading Scandinavian private equity firm. The transaction is subject to approval by relevant competition authorities and is expected to close in early October 2007. The transaction value was not disclosed.
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