Warranty
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Onex looks to sell The Warranty Group – Reuters

Canadian private equity firm Onex Corp (OCX.TO) is preparing to sell The Warranty Group, a provider of extended warranty contracts, which is expected to fetch more than US$1 billion, two people familiar with the matter told  Reuters this week. Onex bought the company from insurance broker Aon Corporation in 2006 for US$710 million. Onex put around US$510 million of equity into the deal, which also saw the Warranty Group’s management participate with a substantial investment.

Trade Show

Onex to Buy Nielsen Expositions for $950M

Canadian buyout firm Onex Corp. has agreed to acquire Nielsen Expositions from parent organization Nielsen Holdings N.V. for US$950 million. The deal is expected to close in the second quarter of 2013. Nielsen Expositions, of San Juan Capistrano, California, operates more than 65 business-to-business trade shows and conference events every year. Onex Partners III, Onex’s US$4.7 billion private equity fund, will invest approximately US$350 million of equity in the transaction.

Slideshow: U.S. M&A Remains Slow But Steady

In a surprise, the U.S. M&A market seems quite steady. There were 101 U.S. announced deals this week (Nov. 25 to Nov. 30), valued at $32.9 billion, according to data from Thomson Reuters. This compares to last year, when there were 82 U.S. announced mergers from Nov. 20 to Nov. 26 (the last full week of November), totaling about $24.5 billion.

Madison Dearborn to Buy Schrader Unit from Tomkins for $505 Mln

Tomkins, which is backed by Onex Corp. and Canada Pension Plan Investment Board, has agreed to sell its Schrader division to Madison Dearborn Partners. The sale price is $505 million cash, plus a small minority equity interest in the parent of the purchasing company. The deal is expected to close in the second quarter. Schrader […]

DuPont Unit Deal Could Fetch $4B

Some big name PE firms are lining up for chemical maker Dupont’s car paints business auction–but will is financing too tight to keep any single LBO shop from making a $4 billion deal?

Small Conn. Shop Generates Large Return

Hamilton Robinson Capital Partners LLC generated a healthy return in its sale of Davis-Standard, a company that makes machines that make plastic packaging, to ONCAP, a company owned by the publicly traded Canadian investment firm Onex Corp., sister magazine Buyouts reported earlier today. The Stamford, Conn.-based buyout firm sold the company to ONCAP for $189 […]

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