Buyout firm KKR to acquire industrial firm Flow Control Group

Buyout firm KKR to acquire industrial firm Flow Control Group

KKR & Co Inc said on Wednesday it has agreed to acquire industrial firm Flow Control Group from private equity firm Bertram Capital. Terms of the deal were not disclosed, but a person familiar with the matter said the deal values Flow Control at more than $1...
Asda: How to buy a £6.8bn supermarket for £780m

Asda: How to buy a £6.8bn supermarket for £780m

The Issa brothers have completed the deal to buy Britain’s third-largest supermarket chain. Asda was valued at £6.8bn, but the brothers and the investment firm TDR Capital paid just £780m. The rest was borrowed. So how does this kind of deal work? And will it...
UPDATE: Nestle to sell N.American water brands for $4.3 billion

UPDATE: Nestle to sell N.American water brands for $4.3 billion

Nestle said on Wednesday it would sell Pure Life and some other struggling North American water brands to two private equity firms for $4.3 billion, as the food giant doubles down on its premium offerings including Perrier. The sale, to One Rock Capital Partners and...