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CVC Capital Partners

Petco

CVC and Canadian Pension Plan near deal to buy Petco for $4.7B

CVC Capital Partners and Canadian Pension Plan Investment Board (CPPIB) are in the advance stage of closing the acquisition process for the takeover of Petco for $4.7 billion.

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Austrian F1 Grand Prix

CVC say they are under no pressure to sell F1

Formula One's commercial rights holders CVC Capital Partners are under no pressure to sell their controlling stake in the sport and want to keep it, co-chairman Donald Mackenzie told Reuters on Saturday.

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Fairfax Holdings

Canada's Fairfax to buy insurer Brit Plc for $1.88 billion

Fairfax Financial Holdings Ltd, a Canadian property and casualty insurer, said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to gain a significant presence in the Lloyd's of London market.

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Dominion Bond Rating Service

Credit rating agency DBRS explores sale - sources

DBRS Ltd, the privately held credit rating agency that competes with Standard & Poor's Financial Services LLC, Moody's Corp and Fitch Ratings Inc, is exploring a sale, according to people familiar with the matter.

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Matas

UK private equity firm CVC exits $216M Matas stake

UK-based private equity group CVC Capital Partners has exited a 19.4% stake in Denmark-based firm Matas for DKK1.18 billion ($216 million), according to the Danish beauty retailer on Friday.

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William Morris Endeavor Entertainment

William Morris wins takeover bid for IMG -sources

Sources on Tuesday told the New York Times that William Morris Endeavor Entertainment has won the auction for sports and media talent agency IMG Worldwide. With a $2.3 billion offer, WME beat two other bidders backed by private equity firms.

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ParexGroup

Sale of French construction firm Materis' subsidiary stalls

The proposed sale of ParexGroup, the industrial mortars business of construction company Materis, has stalled after the highest bids only reached €800 million. Materis and its private equity backer Wendel earlier asked for €1 billion for Parex.

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CVC Capital Logo

Sources say CVC plans to divest Swiss telecom Sunrise

Private equity fund CVC is said to be divesting Sunrise, a mobile operator in Switzerland and has already engaged banks to discuss about their roles for a potential listing or sale.

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Skype

Top deals of the day - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday, including Fortum, National Vision, Saipem, CTT, MTS, Southern Pacific, Warrnambool, Verbund, Bakkafrost, Popular and Marathon Oil.

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A postman

Private equity investors to sell remaining 19.7 pct BPost stake

Belgian postal group BPost said on Tuesday that its private equity backers, which still owned a 19.7 percent stake in the group after it was floated in June, would sell their shares in an accelerated bookbuild.

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Betfair

Italy, US are growth prospects for online gambling firm Betfair

Betfair, a UK-based online gambling firm, said it is setting its sights on Italy and the US after retreating from other markets due to tax rates and unfavorable regulations.

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Johnson & Johnson Products

Three bidders remain for Johnson & Johnson's diagnostic unit- sources

Only three potential buyers from at least five who expressed initial interest were left to bid for the Ortho Clinical Diagnostics business of healthcare firm Johnson & Johnson, according to sources interviewed by Bloomberg.

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CVC Capital Partners

Buyout talks between CVC Capital and South Beauty in advance stage - sources

CVC Capital Partners would be acquiring a 69% ownership stake in Chinese restaurant chain South Beauty Investment Co Ltd for USD300 million, sources said.

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Campbell Soup Company

Campbell inks definitive deal for sale of European simple meals business

Campbell Soup Company announced that it had signed a definitive agreement with CVC Capital Partners for the sale of its European meals business.

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Investcorp

Bahrain’s Investcorp to sell Skrill for USD794 mill

Bahrain based Investcorp announced the sale of Skrill to CVC Capital Partners in a deal priced at USD79 million.

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