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Bloomberg
Partners Group Holding AG of Switzerland is in exclusive talks to buy French real estate management business Foncia from Eurazeo SA and Bridgepoint, the sellers said in a statement on Thursday.
Foncia, which has refocused on real estate services since Eurazeo and Bridgepoint bought it from French bank BPCE SA in 2011, had revenue of €696 million ($793 million) in 2015.
First-quarter revenue increased 8.9 percent to €83 million.
French daily Les Echos reported in March that Rothschild had been appointed to manage the sale, and that Eurazeo and Bridgepoint were hoping for receipts of more than €2 billion. The transaction would be subject to the agreement of employee representatives.