CD&R to take Anixter private for $3.8 bln

Clayton, Dubilier & Rice has agreed to acquire Anixter International Inc in a take-private deal for $3.8 billion. According to terms of the deal, CD&R will acquire Anixter common stock for $81 per share in cash. The deal is expected to close by the end of the first quarter of next year. Based in Glenview, Illinois, Anixter is a provider of network and security solutions, electrical and electronic solutions and utility power solutions.

30 October 2019•5 mins read
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