Stackpole’s $867 mln sale promises big payout to majority owner Crestview

U.S. private equity firm Crestview Partners stands to make a bundle on this week’s sale of Canadian auto parts maker Stackpole International, according to a source with knowledge of the matter. Hong Kong’s Johnson Electric Holdings announced that it will pay up to $867 million for Stackpole, which will give Crestview a more than 30 percent internal rate of return, the source said.

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