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Arcmont, Ares Lead €1.1 Billion Loan to Software Firm Cegid

Arcmont, Ares Lead €1.1 Billion Loan to Software Firm Cegid

A group of high-profile private credit firms are lending €1.1 billion ($1.3 billion) to French business software firm Cegid, in a show of confidence in a sector that’s been rattled by an AI-induced selloff.

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Source: Bloomberg Tech · Opens in new tab