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Hg Capital : HGT – acquisition

Hg Capital is acquiring Zenith Vehicle Contracts, one of the UK’s leading independent leasing, fleet management and vehicle outsourcing businesses. In total HGT will contribute £21m to the purchase price (as Zenith is acquired by a range of funds managed by Hg Capital). After this deal, using the figures announced as at the end of November 2013 adjusted for this and other deals, HGT will still have £75m in cash.

 

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