Ambient Sibiu in talks to sell to EQT - Azi

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Sibiu-based Ambient, a distributor of construction materials, is in advanced negotiations with private equity fund EQT, set up by the Wallenberg family (one of the wealthiest families in Sweden), for the sale of a significant stake, according to market sources.Negotiations with the private equity fund started six months ago, whilst the sum being circulated on the market stands at around 150 million euros for at least half the company.

The Ambient group, which formed via the merger of 14...

Read the whole story in: Ziarul Financiar