COPENHAGEN (Reuters) Danish food ingredients group Chr. Hansen said it aimed to raise a net 3.16 billion crowns ($527 million) in an initial public offering of new shares that marks a thaw in the Danish IPO market. Chr. Hansen said in a statement on Wednesday it had set the price range for the offering at […]
LONDON (Reuters) – Clayton, Dubilier & Rice (CD&R), the venerable U.S. buyout house, has entered the crowded field of suitors vying for Royal Bank of Scotland Group Plc’s (RBS.L) $4 billion payment-processing arm, people familiar with the matter said. CD&R’s emergence is unusual, because the sale of RBS’s Global Merchant Services (GMS) business is already […]
Montage Partners has acquired Cal-Sierra Pipe Inc., a Stockton, Calif.-based provider of steel pipes for use in agriculture and water infrastructure applications. No financial terms were disclosed. McGladrey Capital Markets managed the transaction.
H.I.G. Capital has acquired a control stake in First Capital, a Boca Raton, Fla.-based provider of asset-based lending and factoring to small and mid-sized companies. Participating alongside H.I.G. were affiliates of Morgan Stanley Alternative Investment Partners and JP Morgan Asset Management. No financial terms were disclosed.
PARIS (Reuters) – The board of French protective clothing maker Sperian Protection (SPEP.PA) plans to announce its choice of a rival bidder to Cinven on Wednesday, a source familiar with the matter told Reuters. The offer will be presented at a shareholders meeting later on Wednesday, the source said. French holding company Menelas, owned by […]
Aurora Capital Group has acquired four Midwestern steel service center facilities, and merged them into a single entity known as New Star Metals. No financial terms were disclosed.
Ipreo, a provider of market intelligence and productivity solutions to corporations and I-banks, has acquired BuysideIQ, a provider of online investor targeting solutions. No financial terms were disclosed. Ipreo is majority-owned by Veronis Suhler Stevenson.
QCSA Holdings, a vehicle remarketing and total loss claims management company, has acquired Salvage Direct, salvage re-marketing company. No financial terms were disclosed. QCSA is owned by private equity firm Kinderhook Industries.
LONDON (Reuters) – British fund firm Jupiter Asset Management is set to announce a London listing of its shares, a move that could value the group at up to 1 billion pounds ($1.44 billion), the Financial Times reported on Tuesday. The paper said Jupiter, who is being advised by Lexicon Partners, JPMorgan and Bank of […]
H.I.G. Capital has acquired the assets of Excel Homes LLC, a Camp Hill, Penn.-based custom modular home manufacturer. No financial terms were disclosed.