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Altor company places bid to acquire Montagu-backed DEAS
May 22, 2019

According to a centrally located anonymous source, a company owned by Swedish PE firm Altor has submitted a bid for Denmark's largest property manager DEAS. However, Deas' owner, UK-based PE firm Montagu, has informed Altor that it will test the market to see if others can match or exceed the bid. Montagu aims for a price of around DKK 1.5bn.

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