CD&R Takes Over Shearer’s Foods in $3bn Deal

CD&R Takes Over Shearer’s Foods in $3bn Deal

US snacks business Shearer’s Foods is to get new owners in the shape of local investor Clayton Dubilier & Rice (CD&R). CD&R has agreed to buy Shearer’s from the Ontario Teachers’ Pension Plan (OTPP) fund for an undisclosed sum. Earlier reports had...
Bain Capital Sells $448m Stake in Axis Bank

Bain Capital Sells $448m Stake in Axis Bank

Private equity firm Bain Capital has sold a stake worth $448m in Indian private lender Axis Bank in a block trade on Wednesday, according to a term sheet seen by Reuters.   Bain affiliates BC Asia Investments VII, BC Asia Investments III and Integral Investments South...
Pictet Hits Target, Closes Healthcare Private Equity Fund at $320m

Pictet Hits Target, Closes Healthcare Private Equity Fund at $320m

Pictet Alternative Advisors has announced the close of its first healthcare-focused thematic private equity fund at $320m – exceeding its target size of $300m. The fund was launched in 2022 and is managed by Yann Mauron, David Braga Malta and Chiara Brambillasca. It...