Going Once, Going Twice, Sold! Cinven and Bain Capital to Acquire STADA for €5.3bn after Intense Bidding War

Stada Arzneimittel AG (FWB: SAZ) – market cap as of 21/04/2017: €4.02bn Intel Cinven Partners LLP – private company – AUM as of FY 2015: €10.60bn Bain Capital Private Equity, LP – private company – AUM as of 04/04/2017: $32.40bn Introduction On April 10, 2017, Bain Capital Private Equity, LP Read more…

Lexmark’s pursuit for “hard” opportunities – A deal with the Chinese

Lexmark International Inc.; market cap as of 23/04/2016:$2.3bn Apex Technology Co., Ltd.; market cap as of 18/02/2016: ¥25.20bn ($3.87bn) Introduction On April 19, US printer maker Lexmark agreed to a $3.6bn takeover by a Chinese investment consortium led by ink cartridges manufacturer Apex Technology Co., Ltd. and Asian private equity Read more…

Private equity firm Apollo braving the merger markets with its hunt on a burglar-alarm vendor ADT

Apollo Global Management; market cap as of 19/02/2016: $2.70bn ADT Corporation; market cap as of 19/02/2016: $6.59bn   Introduction US private equity firm Apollo Global Management has agreed to buy ADT, an American home-security company, paying c.$11bn for a total enterprise value in the so far biggest leverage buyout of Read more…

Oi to consider the sale of Portuguese assets to focus on Brazilian telecoms market consolidation

Oi S.A.; market cap (as of 14/11/2014): $4.16bn PT Portugal SGPS S.A.; market cap (as of 14/11/2014): $1.46bn Bain Capital LLC; AUM: $75bn Apax Partners; AUM: $20bn On November 12, 2014 two major private equity funds, Apax Partners and Bain Capial LLC, have submitted a €7.075bn offer for the Portuguese Read more…