Elliott Management’s Travelport Worldwide is nearing a restructuring settlement that would unwind a disputed $1bn shareholder rescue package and end a standoff with some of Wall Street’s biggest debt buyers, people familiar with the matter said. The settlement, if...
Insurer MetLife Inc. said on Thursday it will buy vision-care benefits company Versant Health for $1.68 billion from an investor group led by Centerbridge Partners and FFL Partners, to strengthen its vision insurance business. The deal, which is expected to close in...
Petco Animal Supplies, which is backed by private-equity firms, is reportedly weighing going public again or a possible sale. Petco’s owners, CVC Capital Partners and the Canada Pension Plan Investment Board, are currently interviewing potential advisers while they...
Germany’s Synlab has put its environmental business up for sale to streamline the laboratory services group ahead of a planned stock market listing next year, people close to the matter said. Synlab, which is owned by buyout fund Cinven, has invited potential buyers...
Middle-market lender Antares Capital has raised just over $3 billion for its latest credit fund, which will focus on providing financing to mainly mid-sized private equity-backed companies. The vehicle, which held its final close this week, raised cash from sovereign...
