Mallinckrodt plc, a prominent global specialty pharmaceutical firm, has announced a major deal with CVC Capital Partners, one of the world’s leading investment firms. Under the newly signed definitive agreement, CVC Capital Partners Fund IX will acquire Mallinckrodt’s Therakos business for approximately $925 million, subject to customary adjustments. The sale marks a significant move for […]
Global investment firm Carlyle (NASDAQ: CG) and leading private markets manager CVC, along with Haveli Investments, have announced a landmark agreement for the acquisition of Jagex, the esteemed developer and publisher behind the iconic Massive Multiplayer Online Role-Playing Games (MMORPG), RuneScape. This pivotal transaction, supported by CVC Capital Partners Fund VIII and Haveli Investments, underscores […]
Eni and Vår Energi are set to acquire Neptune Energy Group, a key independent exploration and production firm known for its low-emission, gas-oriented operations in Western Europe, North Africa, Indonesia, and Australia, for $4.9 billion. Neptune Energy, currently owned by China Investment Corporation, Carlyle Group, CVC Capital Partners, and specific management owners, has been a […]
UK-based consumer goods company Unilever has agreed to divest ekaterra, its global tea business, to CVC Capital Partners Fund VIII for a sum of €4.5 billion. ekaterra has a portfolio of 34 brands that include Lipton, Pukka, PG tips, TAZO, and T2. In 2020, the tea business of Unilever had earned revenues of nearly €2 […]
Graphic Packaging, a US-based fiber-based consumer packaging solutions provider, has agreed to acquire AR Packaging Group from CVC Capital Partners Fund VI for about $1.45 billion in cash. AR Packaging Group is a Swedish producer of fiber-based consumer packaging. According to Graphic Packaging, the combination will improve its global scale, capabilities in innovating, and value […]
Aviation industry news : BBA Aviation has signed an agreement to sell aircraft parts manufacturer Ontic to private equity firm CVC Capital Partners for an enterprise value of $1.37 billion. Ontic, which was acquired by the British aviation company in February 2006 for $67 million, is a provider of a high-quality, original equipment manufacturer (OEM) […]
In a landmark deal valued at approximately €3.03 billion, a consortium led by CVC Capital Partners through its CVC Fund VII has acquired a 51.8% stake in the Italian pharmaceutical company, Recordati. The consortium also includes notable investors such as Canada’s Public Sector Pension Investment Board (PSP Investments) and US-based StepStone. Strategic Implications of the […]