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3i Group Plc on July 13 closed its acquisition of BoConcept Holding A/S for a transaction value of 1.40 billion Danish kroner (US$209.2 million).

The company offered 500 kroner per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Skandinaviska Enskilda Banken AB was the financial adviser for 3i Group.

Bech-Bruun Advokatfirma was the legal adviser for BoConcept Holding.