PARIS (Reuters) – Axa Private Equity said on Wednesday it had boosted its stake in Carbone Lorraine (CBLP.PA) over 15 percent through the investment fund Axa Capital Fund L.P.
Axa Private Equity board member Dominique Gaillard said in a statement that the move “confirms our ambition of accompanying the group in the acceleration of its policy of profitable growth.”
He said the stake increase is part of a friendly agreement linking the specialist materials maker with Axa Private Equity. (Reporting by Noelle Mennella; Editing by Paul Bolding)
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