Monday, December 11, 2006

CVC slashes stake in Halfords

CVC Capital Partners, the private equity firm, has sold £41m worth of shares in Halfords.

Four years after it bought into the business, CVC has sold nearly 5 per cent of its stake, equivalent to 11.6 million shares.

It is the equity firm’s second share sale this year and leaves it with 5.1 million shares.

DATED: 11.12.06

FEED: MT





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