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CDC-led investor group wins exclusivity for Saur19/03/2007. Source: AltAssets. AltAssets 
 European private equity firm PAI partners has granted exclusivity to a consortium comprised of Caisse des Dépôts et Consignations, Séché Environnement and Axa Investment Managers, regarding the sale of its interests in the share capital of Novasaur, the holding company of Group Saur, on the basis of an equity value of €1.72bn for 100 per cent of the shares.
Saur is a water distribution, sanitation and waste management specialist based in France. PAI partners acquired the business in February 2005.
PAI manages and advises dedicated buy-out funds with an aggregate equity value of approximately €7bn.
He firm has offices in Paris, London, Madrid, Milan and Munich.
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