German autoparts maker Continental has entered into an agreement with The Carlyle Group to acquire US-based Veyance Technologies, which operates in operates rubber and plastics technology business, for EUR1.4bn. Veyance Technologies, ...
Tags: Continental, Auto Parts
Johnson & Johnson has found a private equity firm willing to pay $4.15 billion for its Ortho Clinical Diagnostics division, which provides blood-testing equipment and chemicals. One would think that blood testing should be a booming ...
Tags: Get out of Blood Testing Tech, J&J
Carlyle Group Inc. said it has invested $55.2 million in connection with YRC Worldwide Inc.'s recently announced agreement to reduce its debt load. The investment company, one of the carrier's five largest investors, disclosed that it has ...
Tags: Carlyle Group, YRC Worldwide, investment, debt agreement
UK-based self-adhesive label manufacturer Chesapeake Services has signed an agreement to merge its business with print-based specialty packaging supplier Multi Packaging Solutions (MPS). With the merger, the companies expect to create ...
Global largest asset management firm Blackstone Group and ICBC International acquire stakes in SCP (SZITIC Commercial Property Group Co., Ltd.) have acquired a 40% and 6% stake respectively in SCP. According to the statement released by ...
Tags: Blackstone, SCP Group
The takeover of Klenk by the US investment company The Carlyle Group was completed on 30 August 2013; this marks the conclusion of the M&A process involving Klenk that had been underway since autumn 2012. According to a report from ...
Tags: Construction, Decoration
The US investment company The Carlyle Group is to take over all shares in Klenk. The takeover will be effected in the form of a share deal which will be handled by CSP III Klenk Ltd., a company which is headquartered in the Cayman Islands ...
Tags: Construction, Decoration, economy
Colfax Corporation, a global manufacturer of gas- and fluidhandling and fabrication technology products announced that Daniel A. Pryor has been promoted to Executive Vice President of Strategy and Business Development. Mr. Pryor joined ...
Chinese company Yashili has received approval to establish a NZ$220m ($170.7m) infant formula production facility in Pokeno, New Zealand. The Waikato District Council gave clearance for the facility after a three-day hearing which was ...
Tags: Yashili, Infant Formula
Japan-based underwriter Meiji Yasuda Life Insurance is engaged in advance negotiations to acquire a 15% stake in Thai Life Insurance, for nearly $700m. People familiar with the matter were quoted by Reuters as saying that the proposed ...
Tags: Service, Insurance, Life Insurance
China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
Chinese dairy maker Yashili International Holdings Ltd. (SEHK: 1230) is said to be acquired by China Mengniu Dairy Co., Ltd. (SEHK: 2319). Sources said recently that it would be acquired by Mengniu and on June 13, the buyer and it each ...
Tags: dairy, Agriculture, Food, Mengniu, Yashili
Focus Media Holding Limited (NASDAQ: FMCN) announced today that it has been combined with Giovanna Acquisition Limited (hereinafter Merger Sub) according to a merger plan issued on December 19, 2012. Thus Focus Media has become a ...
Cars sales have been falling in Western Europe as yet another economic downturn confirms expectations that the region’s recovery from the 2008 financial crisis will be a lengthy process. However, while demand for cars declines, ...
Global alternative asset manager The Carlyle Group L.P. has completed its acquisition of DuPont Performance Coatings for $4.9 billion and announced that the company is being renamed Axalta Coating Systems. Axalta Coating Systems is a ...
Tags: Carlyle Group, acquisition, DuPont Performance Coatings