Bain steps in for Teamsystem

Bain Capital, a US private equity firm, is to buy Teamsystem, an Italian software group, after its current owner, Palamon Capital Partners, was forced to pull the firm's flotation earlier this month.

According to one source, Bain should sign the deal this week.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached