Platinum Equity’s Solenis Closes $4.6bn Deal for Diversey

Platinum Equity’s Solenis Closes $4.6bn Deal for Diversey

In a move that creates a growing corporate giant in Delaware, the water speciality chemical company Solenis has closed a deal to acquire Diversey, a company that produces a wide variety of cleaning products. The all-cash deal for the publicly traded Diversey was set...
Beach Point Closes Second CLO Totaling $397.44m

Beach Point Closes Second CLO Totaling $397.44m

Beach Point CLO Management LLC, an affiliate of Beach Point Capital Management LP (collectively “Beach Point”), today announced the final closing of Sandstone Peak II Ltd., Beach Point’s second Collateralized Loan Obligation (CLO). The total deal,...
China’s energy storage firm Hithium raises over $621m

China’s energy storage firm Hithium raises over $621m

 Chinese energy storage firm Xiamen Hithium Energy Storage Technology on Wednesday said it has raised more than $621.47m that will be used for capacity expansion, equipment purchases and technology research and development. Hithium manufactures cells and larger...