Santa Monica-based Tennenbaum Capital made a $120m capital infusion into Pennsylvania-based foodservice packaging company Radnor Holdings, investing in the company’s debt and equity.
3i and a group of Australian infrastructure and investment funds have had a £246 million offer recommended by the board of the British ports operator.
If accepted by the Danish telecoms company’s shareholders, the €10 billion deal would be the largest private equity buyout yet seen in the Nordic region.
The Chinese auto parts manufacturer, in which Baring Private Equity Partners has a minority stake, has raised $450m from an IPO in Hong Kong.
French private equity firm Natexis Industrie and the French team of Barclays Private Equity have sold their stake in Eau Ecarlate to AXA Private Equity.
The WL Ross & Co. joint venture with Lear Corp. and Franklin Mutual Advisors has agreed to acquire a significant chunk of Collins & Aikman’s European operations.
Lightyear Capital finalised its secondary deal for containment-rental company Baker Tanks. Chicago’s Code Hennessy & Simmons, the previous owner, sold the business after a less than two-year stay in its portfolio.
Swiss pharmaceutical company Norvatis has sold a dietary and slimming products business to ABN AMRO Capital for €220m.
Apax Partners has inked a $1bn-plus deal to acquire a majority stake in Contech Construction Products, an engineering firm currently owned by Butler Capital.
Hicks Muse Tate & Furst co-founder Thomas Hicks is staying active in retirement, having just completed the first corporate acquisition for his family office, Hicks Holdings.