Irish investment company Boundary Capital and its partner Anglo Irish Private Bank have completed the EUR 65 mln acquisition of a 45% indirect stake in the Arnotts Department Store group, Ireland's largest department store. Boundary Capital has invested EUR 40 mln for its 28% holding, while Anglo Irish Private Bank has co-invested EUR 25 mln for 17%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
