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Arnault joins BC Partners and Wendel in €2.1bn Worms bid

BC Partners and Wendel Investissement, two private equity firms, Groupe Arnault, owner of LVMH, and the Worms family are bidding €2.1bn for Worms, the Paris-listed industrial holding company, in France's third largest buyout on record.

BC Partners, Wendel Investissement and Groupe Arnault will own 65% and the Worms family will own the balance.

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