Exits –

AB Segulah, a Swedish private equity firm, has agreed to sell body care and eye care product producer Clean Chemical Sweden AB to Lynchburg, Va.-based C.B. Fleet Co. No financial terms have been disclosed.

The Blackstone Group will sell its remaining 21.4% position in Old Greenwich, Conn.-based oil refiner Premcor Inc. (NYSE: PCO), according to a regulatory filing. The deal will be done via a secondary public offering, with Blackstone offering over 19.1 million common shares at a maximum price of $43.93 per share.

Bridgepoint Capital has completed its sale of UK-based insurance broker and group benefits consultancy Opus Holdings Ltd. to Willis Group Holdings Ltd. (NYSE: WSH). No financial terms were disclosed for the deal, which originally was announced last month.

The Carlyle Group has agreed to sell portfolio company Tecnoforge, an Italy-based provider of pipe-fittings to the oil and gas industries, to Valvitalia SpA. No financial terms were disclosed.

Carter & Carter Group Ltd., a UK-based provider of consulting services to the automotive manufacturing industry, plans to raise up to GBP 50 million next month via a public floatation on the London Stock Exchange. The company was acquired in 2001 by private equity firm Bridgepoint.

Celanese Corp., a U.S. holding company for German chemicals maker Celanese AG, has set its proposed IPO terms to 50 million common shares being offered at between $19 and $21 per share. It expects to trade on the NYSE under ticker symbol CE. Celanese was acquired last year for over o3.2 billion by The Blackstone Group, which owns a 91.3% pre-IPO interest.

Celerity Group Inc., a Milpitas, Calif.-based provider of gas and chemical delivery process modules used to manufacture semiconductors, has withdrawn registration papers for its proposed IPO on the Nasdaq. In April 2004, the company (then known as Kinetic Concepts Inc.) entered into a restructuring agreement that gave ownership to a private equity consortium that included MidOcean Partners, Behrman Capital and Gryphon Partners.

FTD Group Inc., a Downers Grove, Ill.-based provider of floral products, has set its proposed IPO terms to over 15.38 million common shares being offered at between $12 and $14 per share. It hopes to trade on the NYSE under a still-undetermined ticker symbol. Leonard Green & Partners acquired FTD in February 2004 in a public-to-private transaction worth approximately $420 million.

GSC Partners is selling its 4.8% position on printing company R.R. Donnelley & Sons Co. (NYSE: RRD) for approximately $360 million. R.R. Donnelley will repurchase approximately $200 million of the shares, while Goldman Sachs will purchase the remainder.

Kohlberg Kravis Roberts & Co. has sold two-thirds of its 31.56 million warrants in Dayton Power & Light Co. (NYSE: DPL) to Lehman Brothers for $81.4 million. KKR first acquired the position as part of a 2000 recap of Dayton Power.

Madison River Communications Corp., a Mebane, N.C.-based rural local exchange carrier (RLEC), has filed to raise $345 million via an IPO. Shareholders include Madison Dearborn Partners, Goldman Sachs and Providence Equity Partners.

OptionsXpress Holdings Inc., a Chicago-based provider of an online retail brokerage platform, has set its proposed IPO terms to 12 million common shares being offered at between $14.50 and $16.50 per share. The company’s largest shareholder is Summit Partners, which led an $88.4 million recapitalization earlier this year.

PanAmSat Holding Corp., a Wilton, Conn.-based, has filed to raise $1.12 billion via an IPO of common stock on the Nasdaq. The company is controlled by Kohlberg, Kravis, Roberts & Co., The Carlyle Group and Providence Equity Partners, which teamed up earlier this year to acquire PanAmSat for approximately $4.4 billion, including $2.6 billion of equity.

United GlobalCom Inc. has agreed to acquire Slovenian broadband communications provider Telemach d.o.o. from an investor group led by private equity firm EMP Europe. UGC will pay approximately GBP71 million in cash in the transaction, which still is subject to review by the Slovenian competition authority.

Watchdata Technologies Ltd., a Beijing, China-based provider of operating systems software with data security and encryption features, has filed to raise $100 million via an IPO of American depository shares (ADS) on the Nasdaq under ticker symbol WDAT. Transpac Capital holds a 34% ownership stake in Watchdata.

Compiled by Dan Primack