June 27, 2018 / 3:24 PM / 2 months ago

Bain Capital to buy chemicals firm Italmatch - sources

MILAN/LONDON, June 27 (Reuters) - Bain Capital has won an auction to buy Italian chemicals maker Italmatch, three sources said on Wednesday.

The private equity firm will pay buyout group Ardian around 700 million euros ($811 million) for the company, two of the sources said. Ardian had acquired Italmatch Chemicals in 2014 for 220 million euros, according to media reports. ($1 = 0.8628 euros) (Reporting by Massimo gaia, Pamela Barbaglia and Arno Scuetze Writing by Stephen Jewkes)

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