NBTY names Cahillane CEO

By Luisa Beltran — 1 year ago

NBTY, which is backed by the Carlyle Group, said it named Steven Cahillane its CEO. Cahillane is the former President of Coca-Cola Americas and successfully integrated Coca‐Cola Enterprises’ North American bottling operations. Cahillane succeeds Jeff Nagel and begins his new role on September 8th.

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NBTY Deal Includes $2.4 Billion of Debt

By PEHub Administrator — 6 years ago

(Reuters) – Private equity firm Carlyle Group’s $3.8 billion deal for NBTY Inc (NTY.N) is made up of $2.4 billion debt financing and the rest in equity, a source familiar with the situation said on Thursday. Of the debt financing, about $1.5 billion is in bank debt and about $900 million is bonds, or about […]

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Carlyle Buying NBTY for $3.8 Billion

By PEHub Administrator — 6 years ago

The Carlyle Group has agreed to acquire nutritional supplements maker NBTY Inc. (NTY.N) in a $3.8 billion leveraged buyout. NBTY stockholders would receive $55 per share, while debt financing has been committed by BofA Merrill Lynch, Barclays Capital and Credit Suisse.

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