Novo Holdings bought Ellab at huge discount, media says

Private equity fund EQT ended up getting DKK 1bn less than desired for the sale of service and laboratory company Ellab to Novo Holdings, according to Inside Business.

by MIKKEL AABENHUS HEMMINGSEN

A return of more than DKK 4bn (USD 584.2m) for just a few years of ownership of Danish Ellab sounds like an immediate success story for private equity fund EQT.

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