British consumer goods maker Reckitt Benckiser Group Plc said on Saturday it was selling its infant formula and child nutrition (IFCN) business in China to investment firm Primavera Capital Group for an enterprise value of $2.2 billion. The Lysol disinfectant and...
A group of private-equity firms is nearing a deal to acquire Medline Industries Inc. that would value the medical-supply giant at more than $30 billion, in one of the largest leveraged buyouts since the financial crisis. The deal could come together as soon as this...
Verdun Perry, Blackstone’s global head of strategic partners, sees the secondary market surpassing $100 billion in 2021 and says returning employees to offices is “great for the economy,” he says in an interview with Bloomberg. Sources have told us...
Staples said Friday it had sent a letter to the board of Office Depot outlining a $1 billion offer — or $18.27 a share — for its consumer business, which includes the Office Depot chain of stores and OfficeMax. Staples tried to buy all of Office Depot for more than $2...
Private equity firm Francisco Partners and activist hedge fund Elliott Management are preparing to sell platform security vendor SonicWall after nearly five years of ownership, PE Hub reported. SonicWall could be valued at more than US$2.5 billion. The sale process is... 