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European Commission clears UK private equity firm BC Partners' agreement to take 50% stake in Italian premium papermaker Fedrigoni from US investment firm Bain Capital; EC gives unconditional approval after ruling deal would raise no competition concerns

UK private equity firm BC Partners' agreement to take 50% stake in Italian premium paper maker Fedrigoni from US investment firm Bain Capital has been filed for European Commission approval; regulator sets Sept. 30 as provisional deadline for deal ruling

Bain Capital Private Equity, BC Partners enter joint ownership agreement for Italian paper, label maker Fedrigoni, which Bain acquired in 2017; new partnership--set to close by end of 2022--will support Fedrigoni's focus on M&A, sustainable packaging

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