CD&R to take Focus Financial private in over $7bn deal

CD&R to take Focus Financial private in over $7bn deal

Focus Financial Partners has agreed to be taken private by affiliates of buyout firm Clayton, Dubilier & Rice (CD&R) in an all-cash transaction valued at more than $7bn including debt, the companies said on Monday. Stockholders of Focus will receive $53 per...
PE set for rebound

PE set for rebound

Global private equity remains set for further strong, long-term growth, even in the face of a sudden reversal in 2022, driven by economic turbulence and uncertainty amid rising inflation and interest rates, according to Bain & Company’s 14th annual Global...
Apollo in talks to buy aerospace-parts maker Arconic

Apollo in talks to buy aerospace-parts maker Arconic

Private equity firm Apollo Global Management is in talks to acquire aerospace parts maker Arconic Corp., according to people familiar with the matter. Apollo submitted a bid in February and has debt financing in place, the people said. Arconic’s advisers at Goldman...