CVC, KKR and Bain Said to Mull $6 Billion Philips Lighting Bids

Royal Philips NV’s lighting division is attracting interest from a number of the world’s largest private-equity firms, in a deal that could value the unit at about 5.5 billion euros ($6 billion), people More...

Gerry Schwartz’s Onex Corp Closes New Investment Fund Which Raises Over $5 Billion

– – The Onex Corporation, a Toronto based private equity firm, today announced the closing of its latest private equity fund, which is the largest in its history. The new fund, called More...

The Carlyle Group Buying Industrial Packaging Group For $3.2 Billion

– – The Carlyle Group has just signed a definitive agreement to buy the Industrial Packaging Group (IPG), a division of Illinois Tool Works, for US$3.2 billion. IPG is a global manufacturer More...