Valeo says to continue talks with fund


PARIS, June 29 (Reuters) - French car-parts maker Valeo said on Friday it would continue talks with an investment fund amid a report that talks with private equity firm PAI Partners over a sale of Valeo had broken down. "Talks will continue over the weekend with one fund," said a Valeo spokeswoman. The Financial Times reported earlier that Valeo had been in talks since March with PAI and U.S. funds Apollo Investment Management and Cerberus [CBS.UL] about a possible leveraged buyout. ...

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