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Nordic Capital seals second exit of the week

The sale of the remaining stake in a Swedish autoparts maker brings another windfall to the Northern Europe-focused buyout firm’s fifth fund

Nordic Capital has sold its remaining stake in Swedish autoparts maker FinnvedenBulten, creating the second windfall this week for investors in the Northern Europe-focused buyout firm’s fifth fund.

The Stockholm-based firm said today that Nordic Capital Fund V has sold its remaining 4.9 million shares - equivalent to a 23.2% stake - in FinnvedenBulten to institutional investors for an undisclosed sum.

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