UK watchdog investigates CD&R’s $10bn deal for Morrisons

UK watchdog investigates CD&R’s $10bn deal for Morrisons

Britain’s competition regulator has opened an investigation into the $9.6bn purchase of UK supermarket chain Morrisons by U.S. private equity group Clayton, Dubilier & Rice, the watchdog said on Friday. The Competition and Markets Authority (CMA) said that...
PAG seeking to raise $9bn with new buyout fund

PAG seeking to raise $9bn with new buyout fund

Asia-focused investment firm PAG is aiming to raise $9bn in what would be its fourth and largest buyout fund, people with knowledge of the matter said, adding to the region’s abundant investment dry powder. The Hong Kong-based firm has kicked off fundraising and...