by Sebastian | Nov 12, 2020 | News
Medical sterilization firm Sotera Health Co, backed by private equity firms Warburg Pincus and GTCR, said on Thursday it was looking to raise up to $1.07 billion in its initial public offering. The company said it planned to sell 46.6 million shares priced between $20...
by Sebastian | Nov 12, 2020 | News
Private equity firm Kelso & Co. is considering a sale of building-products distributor U.S. LBM Holdings LLC that could value it at about $2.5 billion, according to people familiar with the matter. Kelso is working with an adviser to run an auction process...
by Sebastian | Nov 12, 2020 | News
A Biden presidency was expected to cause a surge of deals as companies prepare for a bevy of tax changes. The president-elect plans to increase the tax rate on capital gains to 39.6%, from the current 20%, for investment profits that exceed $1 million. Biden is slated...
by Sebastian | Nov 12, 2020 | News
Private equity firm Carlyle Group Inc said on Thursday it had invested more than $250 million in Pharmapacks, a U.S. e-commerce firm focused on health, personal care and beauty products. Carlyle’s investment, which values Pharmapacks at about $1.1 billion, comes as...
by Sebastian | Nov 12, 2020 | News, UKPEC
Banks that looked set to take steep losses on a long-stalled debt sale for PureGym received unexpected support from this week’s Covid-19 vaccine breakthrough, which boosted demand for junk bonds from the UK’s largest exercise chain and helped lenders make it out...
