by Sebastian | Dec 8, 2020 | News, NPCD
Consumer products company Spectrum Brands Holdings Inc has partnered with private equity firm CVC Capital Partners Ltd in a bid to buy Conair Corporation in a deal which could value the hair-care appliance maker around $2 billion, including debt, according to people...
by Sebastian | Dec 8, 2020 | News, NPCD
Wellington Management, one of the world’s largest independent investment management firms, today announced the final close of its private equity strategy Wellington Hadley Harbor III with US$1.8 billion in commitments and up to US$400 million from co-investors to...
by Sebastian | Dec 8, 2020 | News, NPCD
Air conditioner maker Carrier Global Corp said it would sell its remaining stake in Swedish wholesaler Beijer Ref AB to private equity group EQT for about $1.1 billion. EQT said the deal to buy 29.6% of shares and 26.4% of votes would make it the largest shareholder...
by Sebastian | Dec 8, 2020 | News, NPCD
Nearly 50 buyout firms and investors have signed a global initiative that aims to improve diversity and inclusion among their ranks, a U.S. private equity investor association said on Monday. The move comes as Wall Street tries to shake off its male- and...
by Sebastian | Dec 8, 2020 | News, NPCD
Swedish real estate firm Balder has bought a 5% stake in Norway’s Entra but has no plans to join an ongoing takeover battle for the Oslo-listed firm, it said on Monday. Two other Swedish real estate firms, SBB and Castellum, are both bidding for Entra, Norway’s...