Brad Meikle
Clayton Dubilier & Rice has started preparations for a potential stock market listing of Mauser just a year after acquiring the German packaging group for around 1.25 billion euros ($1.42 billion), two sources familiar with the matter told Reuters.
Alexander Panos, a former general partner and managing director at private equity firm TSG Consumer Partners, said he launched a private investment firm specializing in the branded consumer products sector.
Britain’s Poundworld, a rival discount chain to Poundland, has sold a majority stake to U.S. private equity firm TPG, securing new funds to speed up store expansion, Reuters reported.
Shares of Avon Products Inc soared on Thursday after a regulatory filing from a firm that said it had offered to buy the cosmetics company for nearly three times its market value, Reuters reported.
Private equity firm 3i reached the end of a three-year restructuring with strong earnings growth at its portfolio companies, helping it post a full-year return on investment of 719 million pounds ($1.1 billion), Reuters reported.
IK and Nordic Capital are vying for Germany-based wheelchair maker Sunrise Medical in a potential 450 million euro ($507 million) deal, two people familiar with the transaction told Reuters.
TPG Capital LP partner John Marren has a reputation for savvy technology investments and for leading the private equity firm’s technology buyouts team. Since the beginning of last year, though, he has been taking a less prominent role, according to TPG documents reviewed by Reuters.
Cerberus Capital Management LP is effectively pulling back from Japan after failing to win control of railway firm Seibu Holdings and due to a lack of investment targets, sources with direct knowledge of the matter told Reuters.
European private equity firm Doughty Hanson & Co said it had agreed to sell its entire stake in Eurofiber, the owner of Netherlands largest independent fiber optic network, to Antin Infrastructure Partners for 875 million euros ($982.98 million), Reuters reported.
Abraham Lincoln is considered to be one of the country’s greatest leaders. But he was inadvertently flirting with a depressed “power score” when he stuck with an overly cautious George B. McClellan as commander of the Army during the early years of the Civil War.