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JPEL completes USD91.9m Arch-Cru all-share transaction

JP Morgan Private Equity Limited has completed a USD91.9 million (GBP56.5 million) all stock acquisition of Arch Cru’s ex-portfolio of 38 mid market buyout co-investments from the SPL Funds. Purchase price represented a 4.7% discount.

The SPL Funds will receive 65% of the Purchase Price through the issue of 44,727,053 new US$ Equity Shares and 35% of the purchase price through the issue of 30,410,753 New 2017 ZDP Shares. 

The 44,727,053 new USD Equity Shares and 30,410,753 New 2017 ZDP Shares in the company have been admitted to listing on the UKLA’s Official List and to trading on the London Stock Exchange.

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