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 […]
Veolia bypasses Suez board with $14 billion shareholder offer
France’s Veolia Environment said on Sunday it was launching an offer for all of Suez, valuing the group at 11.3 billion euros ($13.6 billion), after dropping efforts to win the backing of the waste and water management company’s board. Suez has been resisting takeover moves from Veolia, its long-standing competitor, which is now its biggest […]
Private equity firm TDR Capital ups bid for Arrow Global
Private equity firm TDR Capital has made a fourth offer for European investor and asset manager Arrow Global, TDR said on Monday, at a price of 305 pence per share. TDR’s three previous bids for Arrow, which buys defaulted customer accounts from retail banks and credit card companies, were rejected. Zachary Lewy, founder and group […]
Private equity investor indicates interest in investing in mm2 Asia core business
A SINGAPORE private equity investor is interested in investing in one of mm2 Asia’s core businesses, the mainboard-listed entertainment group said in a Singapore Exchange filing on Sunday, without specifying the business area. mm2 Asia said it has received a non-binding term sheet, expressing interest in a potential acquisition involving taking a minority stake in […]
Murakami-backed fund raises bid for JAG in battle against Carlyle
A Japanese fund backed by veteran investor Yoshiaki Murakami has raised its offer for energy and environment firm Japan Asia Group (JAG), competing against a management buyout bid backed by Carlyle Group , Jiji News reported on Thursday. City Index Eleventh raised its offer for JAG to 1,210 yen per share, the report said. The […]
EQ Health Acquisition Corp closes upsized USD220m IPO
EQ Health Acquisition has closed its upsized initial public offering of 21,999,960 units at a price of USD10.00 per unit, including 2,869,560 units issued pursuant to the exercise in full by the underwriters of their over-allotment option. The units began trading on the New York Stock Exchange (NYSE) under the ticker symbol EQHA.U on 29 […]
