Candover Investments Plc. (CDI.L) announced that its wholly owned subsidiary, Candover Partners Limited, and Cinven have agreed the sale of Springer Science+Business Media to European fund EQT V and Singapore fund GIC. The transaction remains subject to customary conditions, including regulatory approvals and is expected to close by late January/early February 2010.
The sale will generate cash proceeds of £11.4 million including carried interest for Candover Investments plc.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.