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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.