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Investing.com -- Bain Capital, the Boston-based private equity firm, is reportedly nearing the acquisition of Apleona Group GmbH, a German facility management company.
The deal, which is still under negotiation, is estimated to be worth around $4.2 billion, Bloomberg reported on Friday, citing sources.
The current private equity owner of Apleona, PAI Partners, is in the final stages of negotiating the terms of this potential transaction with Bain Capital, the report said, adding that an agreement might be announced in the coming days.
According to the report, the deal could experience delays or even fall through entirely.
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