Charterhouse exits card firm

Adam Hignett
CHARTERHOUSE Capital Partners fully exited Card Factory yesterday, selling off its remaining stake in the company, which has seen its share price rise 30 per cent since it floated last year.

The exit is the final phase after Charterhouse began to sell down its stake in the company last December, with a further sell off in January raising £110m. The latest divestment of over 60m shares is expected to raise in the region of £180m.