Cinven to acquire Rockwood’s CeramTec

Cinven will buy specialty chemicals firm CeramTec for EUR1.49 billion. Cinven nears another acquisition after Rockwood Holdings, an advanced materials and specialty chemicals company intends to sell CeramTec, its ceramics subsidiary.


Telefonica denies alleged AT&T buyout

A spokesman said that AT&T have not made any formal proposal to acquire Telefonica, disproving recent reports on the alleged deal.

Four Banks Start Work on China Cinda IPO

China Cinda Asset Management Corp. planned its initial public offering with Bank of America Merrill Lynch, Goldman Sachs, UBS and Credit Suisse formally set to work.

UK’s Co-op Bank Agrees to US$2.4 Billion Rescue Plan

Britain's Co-operative Group agreed on a plan to plug US$2.4 billion capital hole to avoid a repeat of the taxpayer funded bailouts at the time of the financial crisis.


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Cinven sealed roughly Eur1 billion in financing coming from Deutsche Bank, RBC and UBS for the firm's acquisition of CeramTec
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