Carlyle is seeking to buy a majority stake in French decoder maker Sagemcom, Reuters reports, citing Les Echos. The private equity firm has offered Gores Group about €500 million for the stake.
In 2008, French aerospace and defense company Safran sold 57.4% of SagemCom to Gores Group for €383 million. At present, Gores Group holds a 65.7% stake in SagemCom.
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