Bain, Cinven Said to Team Up for $3.9 Billion Lonza Chemical Arm

Bain, Cinven Said to Team Up for $3.9 Billion Lonza Chemical Arm

Bain Capital and Cinven are joining forces to bid for Lonza Group AG’s specialty ingredients unit, according to people familiar with the matter, which could result in one of the largest European chemicals deals of the year. The private equity firms have teamed up in...
Canyon Bicycles Draws Takeover Interest From Carlyle, KKR

Canyon Bicycles Draws Takeover Interest From Carlyle, KKR

Canyon Bicycles GmbH has drawn takeover interest from private equity giants including Carlyle Group and KKR & Co., according to people familiar with the matter, as investors look to capitalize on renewed enthusiasm for one of Europe’s favorite pastimes. Koblenz,...
Leveraged Buyouts Come Roaring Back After Coronavirus-Related Lull

Leveraged Buyouts Come Roaring Back After Coronavirus-Related Lull

The market for leveraged buyouts has sprung back to life after private-equity firms finished triaging their coronavirus-stricken portfolio companies and shifted attention back to their mounting cash piles. Buyout firms spent the bulk of the second quarter battened...