Payless Probing Dividend Payments to PE Firms
The bankrupt retailer's investigation could result in legal claims against the firms that acquired it in a 2012 leveraged buyout.
KKR to Invest $150 Million in Pandora
"We have positioned the company to evaluate any potential strategic alternatives, including a sale," a Pandora director says.
This Year’s Interest Rate Hikes Won’t Stifle M&A
A number of other coinciding economic factors likely ensure that 2017 will be another strong year for dealmaking.
Sealed Air Sells Cleaning Businesses for $3.2B
The sale to private-equity firm Bain Capital will allow Sealed Air to focus on its food, product and medical packaging businesses.
CFO Brings ‘New Thinking’ to Private Equity Portfolio Firm
Thirteen-year-old company must start making decisions with a larger-company mentality, says the new finance chief, a private equity veteran.
Bob Evans Sells Restaurant Unit for $565M
The sale to Golden Gate Capital will enable Bob Evans to focus on its faster-growing, higher-margin packaged foods business.
Philips Takes Haircut on Sale of Lighting Unit
The $1.5 billion deal with private equity firm Apollo is a 46% discount to a previous sale that was blocked by U.S. regulators.
Allstate Buys Warranty Seller SquareTrade
The $1.4 billion acquisition of the provider of protection plans for electronics continues Allstate's push to serve connected consumers.
Japanese Deal Drives KKR Into Auto Parts
As part of its largest-ever transaction in Japan, the private-equity firm will acquire Nissan's 41% stake in Calsonic Kansei for $1.87 billion.
Supervalu Sells Save-A-Lot Chain for $1.37B
The sale to Canadian private equity firm Onex Corp. will allow Supervalu to focus on its slower-growing grocery wholesale business.
Pace of Deals Keeps Up for Insurance Brokers
There have been 344 insurance agency deals so far this year as low interest rates continue to drive the M&A market.