Private equity buyers keen to carve up General Electric

Private equity buyers keen to carve up General Electric

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...
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...