Siparex, the French listed private equity fund managed by Sigefi Private Equity, increased its consolidated profit in 2002 by 34% to €14.6m ($15.4m).

Gross capital gains on portfolio disposals increased 22% to €15m while the level of new investments remained flat at €13m.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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Siparex profits rose 34% in 2002

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