Platinum Equity

Volvo to divest its machine rental business to Platinum Equity for USD1.1 billion

Volvo AB has entered into a definitive agreement to divest its construction-equipment rental business Volvo Rents to Platinum Equity in a SEK7.2 billion or USD1.1 billion debt sale deal.

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Platinum Equity scores USD 3.75 billion for Platinum Equity Capital Partners III

Platinum Equity announced the closing of Fund III with USD 3.75 billion.

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CBS Corp. to sell its outdoor unit

CBS Corp. entered into discussions with a private equity firm hoping to sell its outdoor business for around US$225 million.

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