Electra Partners Europe, the mid-market buy-out firm, has closed out its original interest in the Italian market by selling its stake in B&S Private Equity Group, the Milanese buy-out house.

A spokeswoman for Electra confirmed the sale of the stake, and said the firms had enjoyed a fruitful association over seven years. The stake in B&S is part of the legacy portfolio from Electra Investment Trust (EIT), of which Electra Partners is manager.

Electra sells out of Italian buy-out firm

William Hutchings

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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Many in the Gen Z generation missed out on critical experiences during the pandemic. Bosses should be filling in those gaps.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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