General Electric’s decision to split into three companies has set the stage for a feeding frenzy among private equity buyers looking to carve the industrial conglomerate into more pieces, say people at several large private equity groups. “I suspect everybody will be...
Swiss chemicals company Sika has agreed to buy MBCC Group for $6bn to boost its position in sustainable building, making its biggest ever acquisition in the fragmented $70bn construction chemicals sector. Sika said on Thursday it was buying MBCC, the former BASF...
Health technology company Color said on Tuesday its valuation reached $4.6bn after a recent $100m investment, as venture firms continue to pour money into digital health businesses that saw service demand shoot up during the pandemic. The pandemic has supercharged the...
U.K.-based biopharmaceutical firm Autolus Therapeutics announced Monday that Blackstone will invest as much as $250m in the company to support Autolus’ advancement of its drug to treat a serious form of leukemia. Autolus shares rose 28% above Friday’s...
PAI Partners, a pre-eminent private equity firm, today announces that it has reached an agreement to sell Atos Medical, a global specialist in supporting patients with a neck stoma, to Coloplast, a Danish multinational company that develops, manufactures, and markets...