CD&R hatches £2.5bn swoop on facilities management giants

CD&R hatches £2.5bn swoop on facilities management giants

The private equity firm, which last year swooped to buy the supermarket chain Morrisons, is hatching an audacious plan to buy and merge two major players in the international facilities management industry. Sky News has learnt that Clayton Dubilier & Rice...
Popular Science Publisher Scores $300m Raise Led By Blackstone

Popular Science Publisher Scores $300m Raise Led By Blackstone

The owner of publications such as Popular Science and Outdoor Life said it has raised $300m in a round of funding led by private-equity firm Blackstone, marking one of the biggest investments in online publishing in recent years. Recurrent Ventures, whose 24...
KKR to buy power generation firm ContourGlobal for £1.75bn

KKR to buy power generation firm ContourGlobal for £1.75bn

US-based private equity firm KKR has agreed to purchase British power generation company ContourGlobal in an all-cash deal valued at $2.18bn. The private equity firm brokered the deal through its newly formed company, Cretaceous Bidco. Under the terms of the...