KKR consortium makes offer for bike maker Accell at $1.66bn

KKR consortium makes offer for bike maker Accell at $1.66bn

A consortium led by buyout firm KKR has made its offer to buy Accell Group unconditional, it said on Friday, in a deal that values the maker of Sparta, Batavus and Raleigh at $1.66bn. After receiving 77.8% of shares, the consortium said it would waive a condition of...
CVC explores $2bn sale of software firm VelocityEHS

CVC explores $2bn sale of software firm VelocityEHS

Private equity firm CVC Capital Partners is exploring a sale of VelocityEHS for as much as $2bn, seeking to capitalize on a boom in demand for compliance software in the corporate world, three people familiar with the matter said. CVC is working with U.S. investment...
Morrisons owners mulls £600m warehouse sale

Morrisons owners mulls £600m warehouse sale

The private equity owner of Morrisons is planning to sell properties used by the grocer’s food production arm as rising inflation squeezes the supermarket industry. Clayton Dubilier & Rice (CD&R), which this month won regulatory approval for its £9.8bn...