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CVC Capital Partners to buy minority of DKV Mobility Services

CVC Capital Partners has agreed to buy a minority of DKV Mobility Services Group, PE Hub reported. Financial terms of the transaction were not announced. Existing shareholders will retain a majority of the company. DKV issues cards that are used by commercial drivers to pay for fuel, toll and other services in several European countries. Royal Bank of Canada served as financial advisor to CVC on the transaction, while GÖRG served as CVC’s legal counsel.

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Minority stake,PE Deals,Private Equity Deals, Private Equity