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Charterhouse in exclusive talks to sell majority stake in Cooper

PARIS (Reuters) - European private equity firm Charterhouse Capital Partners said on Friday it had entered exclusive talks to sell a majority stake in drugmaker Cooperation Pharmaceutique Française, known as Cooper, to CVC Capital Partners.

As part of the transaction, Charterhouse said it would make a significant reinvestment in Cooper and continue to support the growth and international expansion of the business alongside CVC.

(Reporting by Dominique Vidalon; editing by Jason Neely)