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Date: Announced 22 October 2018
Buyer: B&M European Value: Retail S.A.
Target: Paminvest SAS
Business: French discount retailer Babou
Value: 91.2 million euros
Details: B&M have purchased Paminvent SAS, which operates the Babou chain in cash in a deal financed through a loan facility which included the refinancing of the target’s debt.
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