CD&R to exit PharMEDium Healthcare in $2.575 bln sale

By Luisa Beltran — 4 months ago

AmerisourceBergen said Tuesday that it has agreed to buy PharMEDium Healthcare Holdings Inc. for $2.575 billion in cash, subject to certain adjustments. Clayton, Dubilier & Rice is the seller. Lake Forest, Illinois-based PharMEDium provides outsourced compounded sterile preparations (CSPs) to acute care hospitals. Morgan Stanley & Co. LLC acted as financial advisor to AmerisourceBergen while J.P. Morgan Securities LLC and Credit Suisse advised PharMEDium.

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CD&R-backed Univar prices IPO

By Iris Dorbian — 8 months ago

Chemicals distributor Univar Inc has priced its IPO of 20 million shares at between $20 and $22 per share. Deutsche Bank Securities, Goldman, Sachs & Co and BofA Merrill Lynch are serving as the lead underwriters. Univar’s backers include Clayton, Dubilier & Rice LLP and CVC Capital Partners.

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CD&R to buy MFG from Patron Capital

By Iris Dorbian — 8 months ago

Clayton, Dubilier & Rice LLC will be acquiring Motor Fuel Group from Patron Capital Partners for about 500 million pounds. The transaction, which was done in partnership with MFG management, is expected to be completed in July. Also, Alasdair Locke will remain chairman of MFG while Sir Terry Leahy, a senior advvisor to CD&R’s funds, has been added to MFG’s board. UK-based MFG is a gas and convenience retailer.

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BCA owner CD&R set for dividend payout-Reuters

By Reuters News — 1 year ago

The UK’s largest seller of second-hand vehicles British Car Auctions (BCA) is seeking to raise a minimum 148 million pounds (232.30 million US dollar) of new loans to refinance debt and pay a dividend to owners after pulling a planned stock market listing, banking sources said on Friday.

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PE-backed ServiceMaster rolls out IPO

By Iris Dorbian — 2 years ago

ServiceMaster Global Holdings, a portfolio company of Clayton, Dubilier & Rice, has launched its IPO after pricing its 35.9 million shares at $17 per share. The stock began trading Thursday on the NYSE under the ticker symbol “SERV.” J.P. Morgan Securities, Credit Suisse Securities, Goldman Sachs and Morgan Stanley are the lead underwriters. Headquartered in Memphis, ServiceMaster is a provider of essential residential and commercial services.

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CD&R-backed ServiceMaster Global Holdings files for IPO

By Iris Dorbian — 2 years ago

ServiceMaster Global Holdings, a portfolio company of Clayton, Dubilier & Rice, has filed for an IPO. The number of shares that will be offered as well as its pricing terms have yet to be set. J.P. Morgan Securities, Credit Suisse Securities, Goldman Sachs and Morgan Stanley are the lead underwriters. Headquartered in Memphis, Tenn., ServiceMaster Global Holdings is a provider of essential residential and commercial services.

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CD&R closes Buy of Wilsonart International

By Luisa Beltran — 3 years ago

Clayton, Dubilier & Rice has closed its $395 million buy of Wilsonart International Holding, which was formerly known as Illinois Tool Works’ Decorative Surfaces business. The deal was announced in August. ITW retains a stake. Wilsonart’s business units make and distribute high pressure laminates that are used in furniture, office and retail space, countertops, worktops and other applications.

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