Sanofi enters exclusive talks with CD&R over $17bn Opella deal

Sanofi enters exclusive talks with CD&R over $17bn Opella deal

Sanofi has confirmed its exclusive negotiations with Clayton, Dubilier & Rice (CD&R) for the sale of a 50% stake in its consumer healthcare business, Opella. This deal, valued at around $16.4 billion (€15 billion), is one of Europe’s largest transactions in 2024 and underscores the pharmaceutical giant’s shift toward focusing on innovative medicines and vaccines. […]

CD&R to acquire snack industry leader Shearer’s Foods from Ontario Teachers’

CD&R to acquire snack industry leader Shearer’s Foods from Ontario Teachers’

In a significant move in the snack industry, Clayton Dubilier & Rice (CD&R) announced the acquisition of Shearer’s Foods, a prominent player in the snack manufacturing sector in the United States and Canada. This acquisition, from Ontario Teachers’ Pension Plan Board, marks a pivotal change in ownership for Shearer’s, known for its extensive range of […]

Wesco joins race to acquire Anixter with $90 per share offer

Wesco joins race to acquire Anixter with $90 per share offer

Wesco International has joined the race to acquire Anixter International, a US-based distributor of network and security solutions, electrical and electronic solutions, and utility power solutions, for $90 per share. The announcement from Wesco comes just a day after Anixter said that it had agreed to an amended offer from a fund sponsored by Clayton, […]