Vestar backs €300m buy-out of leading French funeral group

Vestar Capital Partners, the US buy-out firm, is backing the management buy-out of OGF Group, France's largest funeral services company, in its fourth European investment since opening a Paris office three years ago.The deal values OGF at €300m ($375m).

Service Corporation International, the New York-listed seller of OGF is to re-invest some of the proceeds in order to keep a 25% stake.

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