Sika to buy former BASF chemicals company from Lone Star for $6bn

Sika to buy former BASF chemicals company from Lone Star for $6bn

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...
Blackstone to Invest $250M in Autolus Therapeutics

Blackstone to Invest $250M in Autolus Therapeutics

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 agrees €2.16bn sale of Atos Medical to Coloplast

PAI Partners agrees €2.16bn sale of Atos Medical to Coloplast

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...
Britain’s mid-sized Metro Bank gets Carlyle bid approach

Britain’s mid-sized Metro Bank gets Carlyle bid approach

Metro Bank said it has received a takeover approach from U.S. private equity firm Carlyle, sending its battered shares by as much as 31% higher, in a sign of growing interest in Britain’s mid-sized banks. Metro Bank, which had a market capitalisation of $242m at...