Carlyle Makes Insurance Move With Sedgwick Buy
In a $6 billion deal, the private-equity firm will replace KKR as the majority owner of Sedgwick, the largest U.S. insurance claims service provider.
Newell Sells Packaging Unit to Novolex for $2B
The sale is an an "important first step" in Newell's plan to divest non-core businesses and focus on seven consumer divisions.
Pay Ratio Disclosures Mislead Investors
The first round of proxy statements after the new pay ratio rule took effect underscores inherent flaws in the rule.
Crown Holdings Acquires Signode’s Packaging Solutions
The $3.9 billion deal will "add a portfolio of premier transit and protective packaging franchises" to Crown's metal packaging business.
Carlyle Beats Q2 Estimates But Stock Drops 2%
The group made nearly $2.9 billion of new deals in the second quarter, suggesting PE firms are finding more opportunities as markets stabilize.
Johnson & Johnson Buys Vogue International
J&J buys shampoo and hair styling products firm for $3.3 billion.
Carlyle Profits Drop 78% But Beat Estimates
The private-equity firm appears to have weathered market fluctuations in better shape than some of its rivals.
Symantec Agrees to Accept $1B Less for Veritas
The new agreement will boost the equity portion of the deal to 40% from 33%.
Carlyle Group Buys Candle Maker for $98M
The acquisition of family-controlled Blyth adds to investment firm Carlyle's middle-market portfolio.
Symantec Sells Veritas For $8B
The computer security company bought Veritas, a storage software firm, in 2005 for $13.5 billion.
Former JPMorgan CFO Named Comcast Finance Chief
Michael J. Cavanagh leaves his co-COO position at The Carlyle Group to become Comcast's next chief financial officer.