Bain Capital Private Equity and Cinven to acquire Lonza Specialty Ingredients
Bain Capital Private Equity (Bain Capital) and Cinven (the consortium) have entered into definitive agreements to acquire Lonza Specialty Ingredients (LSI), a division of Lonza AG, for a total enterprise value of CHF4.2 billion. LSI is a world-leading provider of specialty chemicals for microbial control solutions, used to eliminate or control harmful and unwanted micro-organisms. […]
KLAR Partners makes its first acquisition in Sweden
Funds advised by KLAR Partners Limited (KLAR) are to acquire Sandbäckens, one of Sweden’s leading Sandbäckens has a market-leading position in many of its local markets with a broad and stable customer base. In 2020 delivered SEK1.45 billion of sales. “In KLAR, Sandbäckens gets an owner with deep sector experience, and an owner that gives […]
Boohoo to buy Burton, Dorothy Perkins and Wallis brands for £25m
Deal marks final stage in break-up of Sir Philip Green’s Arcadia Boohoo has agreed to buy Burton, Dorothy Perkins and Wallis out of administration, marking the final stage in the break-up of Sir Philip Green’s once-mighty fashion empire Arcadia. The online-only retailer on Monday said it was set to acquire the digital assets and intellectual […]
UK and EU to open probes into Nvidia’s $40bn acquisition of Arm
Rivals to US chipmaker lobby regulators to block deal to acquire UK chip designer The EU and the UK are set to open in-depth competition investigations into Nvidia’s $40bn acquisition of the UK chip designer Arm, after rivals called for the deal to be blocked. Officials and advisers in both Brussels and the UK said […]
Renesas to buy Apple supplier Dialog for $6bn
Japanese supplier of automotive chips invests heavily to expand into new areas including data centres Renesas Electronics is to buy Apple supplier Dialog for €4.9bn in the latest deal by the acquisitive Japanese group aimed at expanding its chip portfolio beyond cars. Shares in Renesas, one of the world’s largest suppliers of automotive chips, fell as […]
HIG joins private equity pack circling KPMG’s restructuring arm
HIG Europe has joined a pack of private equity bidders vying to buy the UK restructuring arm of KPMG. HIG is one of four parties shortlisted to acquire the business, which was put up for sale last year, Sky News first reported. It is understood Intermediate Capital Group is another private equity business interested in […]
Advertising platform Magnite buys SpotX from RTL for $1.17 billion
U.S. advertising platform Magnite has agreed to buy video advertising group SpotX from European broadcaster RTL Group for $1.17 billion, it said on Friday, aiming to create a leading interactive advertising platform. The purchase price comprises $560 million in cash and 14 million shares of Magnite stock, RTL said. The combination of Magnite and SpotX […]
British retailer French Connection receives takeover approaches
Struggling British fashion retailer French Connection is in takeover talks with two possible suitors, it said on Friday. The group said it had received one approach from Spotlight Brands in conjunction with Gordon Brothers International and another from Go Global Retail in conjunction with HMJ International Services Ltd. French Connection said the talks were at […]
Stone Point Capital, Insight Partners to buy CoreLogic for $6 billion
Real-estate data provider CoreLogic Inc said on Thursday that it would be acquired by private-equity firms Stone Point Capital and Insight Partners for about $6 billion in cash. The deal comes months after the company’s rejection of an unsolicited $7 billion buyout offer from activist investors Senator Investment Group LP and Cannae Holdings Inc last […]
Allianz to acquire full ownership of China life insurance venture
SHANGHAI (Reuters) – Allianz will acquire full ownership of its China life insurance business after agreeing to buy the 49% stake it doesn’t already own in its Chinese joint venture, the German insurance giant said on Friday. Allianz, through a holding company in China, will acquire the minority stake in Allianz China Life Insurance Co […]
