Deals
French Infrastructure Investor Meridiam Weighs Stake Sale
- Private equity firm has built up $18 billion of assets
- Meridiam was part of consortium that bought “new Suez”
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Meridiam, the French infrastructure investment firm, is exploring the potential sale of a minority stake, people with knowledge of the matter said.
The private equity firm is working with an adviser as it considers selling about a 20% stake to an outside investor, the people said, asking not to be identified discussing confidential information. Proceeds from the transaction will be used to expand the business, one of the people said.