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Cinven Shifts Registration to Guernsey, Financial News Reports

Cinven Ltd., the British private-equity firm, is moving its management vehicle offshore to the tax haven of Guernsey, Financial News reported today, citing a source close to firm.

Cinven is changing from a limited company into a U.K.-based limited liability partnership, with all of its 18 partners and a few other individuals becoming members, the publication said on its website. Cinven declined to comment to Financial News.

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