HIG Capital acquires Pegasus Home Fashions

HIG Capital acquires Pegasus Home Fashions

An affiliate of HIG Capital, a global alternative investment firm with $45bn of equity capital under management, has completed the acquisition of Pegasus Home Fashions. Founded in 1990 and headquartered in Elizabeth, NJ, Pegasus is one of the country’s largest and...
UPDATE: Morrisons agrees to £7bn takeover deal by CD&R

UPDATE: Morrisons agrees to £7bn takeover deal by CD&R

Morrisons has agreed to a £7bn takeover by Clayton, Dubilier & Rice, which increased its offer for a takeover of the supermarket chain. Morrisons’ share price surged 4.5%. Earlier, CD&R had made an offer of 230p a share, which valued Morrisons at £5.5bn,...