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PAI Partners-led investor group buys 96.81% stake in Wessanen

PAI Partners and entities indirectly controlled by or affiliated with Koninklijke Wessanen NV shareholder Charles Jobson and/or his family members purchased about 96.81% of the Amsterdam-based food product company's total share capital.

The consortium, through Best of Nature Bidco BV, expect to delist Wessanen from Euronext Amsterdam on Nov. 1 and start the squeeze-out procedure as soon as possible.