Cyber security giant McAfee to be acquired by investor group for $14bn

Cyber security giant McAfee to be acquired by investor group for $14bn

Cyber security company McAfee has signed a deal worth over $14 billion to be acquired by an investor consortium led by Advent International and others. The other investors in the buying group are Permira Advisers, Canada Pension Plan Investment Board (CPP Investments), Crosspoint Capital Partners, GIC Private Limited, and a fully-owned subsidiary of the Abu […]

CD&R to buy label manufacturers Multi-Color Corporation and Fort Dearborn

CD&R to buy label manufacturers Multi-Color Corporation and Fort Dearborn

Clayton, Dubilier & Rice (CD&R) has signed two separate deals to acquire Multi-Color Corporation (MCC) and Fort Dearborn and merge them subsequently to create a global scale label manufacturer. The private investment firm will acquire Multi-Color Corporation, an Ohio-based label solutions provider, from Platinum Equity for an undisclosed price. On the other hand, CD&R will […]

Carrefour to acquire Brazilian food retailer Grupo BIG Brasil for €1.1bn

Carrefour to acquire Brazilian food retailer Grupo BIG Brasil for €1.1bn

Grupo Carrefour Brasil, a subsidiary of French supermarket chain Carrefour, has agreed to acquire Grupo BIG Brasil, a Brazilian food retailer, from Advent International and Walmart, for R$7.0 billion (€1.1 billion). The consideration consists of 70% in cash and 30% in newly issued shares of Carrefour Brazil. Grupo BIG Brasil has a multi-format network, made […]

Advent to acquire GE’s Distributed Power gas engines business for $3.25bn

Advent to acquire GE’s Distributed Power gas engines business for $3.25bn

Energy Acquisition News : US private equity firm Advent International has struck a $3.25 billion deal to acquire Distributed Power – the gas engines business of General Electric (GE). Distributed Power is a provider of reciprocating gas engines, power equipment and services, focused on electricity generation and gas compression. Russell Stokes – President and CEO […]