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Commerzbank to sell Jupiter to its management team and TA Associates

21 Mar 2007

US buy-out firm TA Associates has agreed to back Jupiter's senior management team in its €1bn MBO. The transaction will lead to an extraordinary capital gain for Jupiter's current owner, German bank Commerzbank, in the region of €300m, according to a statement.

US buy-out firm TA Associates has agreed to back Jupiter’s senior management team in its


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