Crown Holdings Looks at Selling Food Cans Division in $2 bn Deal

Crown Holdings Looks at Selling Food Cans Division in $2 bn Deal

Crown Holdings Inc., one of the world’s largest designers and manufacturers of packaging products, is considering a sale of its food can business, according to people with knowledge of the matter. The Philadelphia-based company is speaking with advisers about a sale...
Bicycle maker Dorel to go private in $354.3 million deal

Bicycle maker Dorel to go private in $354.3 million deal

Canadian bicycle maker Dorel Industries Inc said on Monday it has agreed to be taken private by a group led by private equity firm Cerberus Capital Management in a deal valued at about C$470 million ($354.3 million). Shares of Dorel were up 3.5% at C$14.90 in...
How state-backed lender CDP stepped up role in Italy

How state-backed lender CDP stepped up role in Italy

What do a bid for Italy’s biggest highway operator involving Macquarie and Blackstone and a hedge fund’s campaign for board seats at the country’s top telecoms group have in common? The answer is Cassa Depositi e Prestiti (CDP) featured in both. The...
UPDATE: G4S rejects second bid as takeover battle intensifies

UPDATE: G4S rejects second bid as takeover battle intensifies

G4S rejected a £3.3bn bid from US rival Allied Universal last week, turning away a second suitor in the takeover battle for the world’s biggest security company. The British company is publicly fighting a lower £3bn hostile bid from Canada’s GardaWorld. It said it had...