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...
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...
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...
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...
France-headquartered private equity firm PAI Partners has sealed three deals in the food sector in Europe this week. The firm announced the acquisition of British food brands Addo Food Group and Winterbotham Darby to create a “leading UK chilled food...
