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Wendel buoyed by acquisitions

Wendel Investissement, the French private equity firm set to float electrical giant Legrand for €7bn ($8.4bn) next year, posted a 12.7% rise in nine month revenues to €1.9bn, thanks to acquisitions made by the companies in its portfolio.

These acquisitions totalled €400m in the first nine months of the year, Wendel Investissement said in a statement.

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