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Same boat, different classes

3 November 2017 By Antony Currie

Investors led by a Rockefeller, Mellon and Harriman family LBO vehicle have made a sixfold paper profit on their 2014 buyout of Evoqua. IPO buyers won’t get near that even after a decent debut. But Evoqua’s status as a takeover target should make both sets of owners happy.

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