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European Capital Invests Euro 28 Million in International Electronics and Engineering
Clipped to the Drawing Board by Sean  
ST. PETER PORT, Guernsey,-ECAS S.a.r.l, an indirect wholly-owned subsidiary of European Capital Limited (LSE: ECAS) ("European Capital"), announced today that it has invested euro 28 million in International Electronics and Engineering S.A. ("IEE"), a leading and innovative developer of safety-critical sensing solutions for the automotive industry. The investment supports Apax Partners' recapitalization of IEE. ECAS S.a.r.l invested mezzanine debt in IEE, which was arranged and underwritten by Allied Irish Banks.
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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/
Monday 19 May, 2008 02:32 AM
 
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