Oct 22 (Reuters) - French investment company Wendel
announced on Tuesday its acquisition of Monroe Capital
, with an initial investment of $1.13 billion for 75% of the company's shares.
Wendel's asset management platform is expected to generate about 185 million euros ($200.2 million) of pre-tax profit in 2025, the group said in a statement.
(Reporting by Alban Kacher; Editing by Clarence Fernandez)
((alban.kacher@thomsonreuters.com))
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