Onex will pay C$960m for TSE-listed Husky Injection Molding Systems, offering shareholders a 38.6 percent premium over the company’s closing price on 27 September.
1 min read · 04 January 2013
Sentinel Capital Partners, unhampered by the credit crunch, is continuing a fast-paced year. This week the firm acquired one auto parts supplier and sold another.
2 min read · 04 January 2013
North Castle Partners has acquired Atkins Nutritional Holdings, two years after the company filed for bankruptcy under the ownership of Parthenon Capital and Goldman Sachs Capital Partners.
2 min read · 04 January 2013
Several US investment banks this week revealed billions in losses stemming from unsyndicated leveraged loans, while a new study has found Lehman Brothers is significantly more overextended than its peers.
2 min read · 04 January 2013
The Carlyle Group has closed two deals this week: one in partnership with HIG Ventures and one with energy-focussed Riverstone Holdings.
2 min read · 04 January 2013
Harvard University's endowment is left without a head, as Mohamed El-Erian has left the $35 billion endowment for a senior role at PIMCO, where he'll lead a push into alternatives.
1 min read · 04 January 2013
Riverstone has hired former BP executive Ralph Alexander, just weeks after appointing BP's former CEO, Lord Browne, to lead its European activities.
2 min read · 04 January 2013
In August Saul Fox sued his partner Dexter Paine for allegedly trying to force him from the firm they founded a decade ago. The two have settled out of court before a Chancery Court of Delaware judge could hear testimony on the case.
2 min read · 04 January 2013
After co-founder Craig Nickels left to manage the alternatives portfolio of Washington University, Texas consulting firm Alignment Capital has halted its operations and is looking for a new direction.
2 min read · 04 January 2013
Venture activity continues to show slow growth compared to the country’s booming buyout sector.
2 min read · 04 January 2013
