Brad Meikle
U.S. agribusiness firm Cargill Inc said on Monday it will buy Norwegian fish feed maker Ewos in a deal worth 1.35 billion euros ($1.50 billion), allowing private equity firms Altor and Bain Capital to cash in after two years’ ownership, Reuters reported.
KKR & Co’s Samson Resources Corp plans to file for Chapter 11 bankruptcy protection next month after reaching an agreement on a restructuring plan with key creditors on Friday, the Wall Street Journal reported, citing sources familiar with the deal.
Activist investor Sandell Asset Management Corp said furniture retailer Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetize its real estate holdings, Reuters reported.
Carlyle Group LP offered to buy Brazilian specialized assistance provider Tempo Participações SA for up to 718 million reais ($204 million) in what may be the private equity firm’s second deal in the country this year, Reuters reported.
French shipping and transit company Geodis SA is near a deal to pay close to $800 million for U.S. contract shipping provider Ozburn-Hessey Logistics, in what would be the latest in a string of logistics tie-ups this year, Reuters reported, citing people familiar with the deal.
A renewed slide in crude prices is having the effect U.S. energy sector dealmakers and private equity managers have been looking for: Oil companies are now returning calls from potential buyers, Reuters reported.
Crestview Partners stands to make a bundle on the sale of Canadian auto parts maker Stackpole International, according to a source with knowledge of the matter.
Norton antivirus software maker Symantec Corp said it would sell its data storage business, Veritas, for $8 billion in cash to a group including Carlyle Group LP and Singapore’s sovereign wealth fund GIC, Reuters reported.
TPG has agreed to buy Hungarian real estate developer TriGranit and its more than 500 million euros ($547.95 million) worth of commercial property assets in Central and Eastern Europe, TriGranit said on Monday, Reuters reported.
Blackstone Group LP is exploring the sale of GCA Services Group Inc, in a deal that could value the provider of janitors and cleaners to schools and businesses at more than $1 billion, including debt, according to people familiar with the matter, Reuters reported.