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CUBE INFRA – ACQUISITION OF DANISH BUS OPERATOR

7 abril, 2017

Cube Infrastructure Fund II has agreed to acquire an 85% stake in Danish bus operator Umove. The fund has acquired shares held by Danish private equity fund Artha Asset Management, which acquired a 58% stake in 2013. Umove management will retain the remaining 15% equity. The financial details of the transaction have not been disclosed.