July 18, 2014 / 8:16 AM / in 3 years

BRIEF-PE player Ardian to buy stake in construction firm from Europe's Equistone

July 18 (Reuters) - Equistone Partners Europe, Ardian:

* Ardian signs an agreement to acquire share in Spie Batignolles

* Following the transaction, Ardian, alongside the group’s management, will acquire the 20 percent stake owned by Equistone

* Spie Batignolles achieved a turnover of more than 2.1 billion euros in 2013

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