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Mars is said to consider acquiring global snacks maker Kellanova.?
Australia's Woodside Energy to buy Texas ammonia project for $2.35bn.
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CVC Capital Partners, a Luxembourg-based private equity and investment advisory firm, agreed to acquire the Therakos business of Mallinckrodt Pharmaceuticals , a global specialty pharmaceutical company, for $925m.
"Today's announcement underscores our commitment to executing on our strategic priorities and creating value for our stakeholders. This transaction provides the Therakos business with an ideal partner to invest in its continued growth, and we look forward to closely working with CVC to transition Therakos for the benefit of patients, healthcare providers, partners and employees. I thank the Therakos team for their ongoing commitment and dedication to improving the lives of patients," Siggi Olafsson, Mallinckrodt President and CEO.
Mallinckrodt is advised by Lazard , A&O Shearman , Arthur Cox LLP , Wachtell, Lipton, Rosen & Katz (led by Victor Goldfeld ) and Joele Frank (led by Michael Freitag , Aaron Palash and Aura Reinhard ). CVC Capital is advised by Candesic , 普华永道 , 瑞银集团 and 富而德律师事务所 .
Quantum Capital Group , a Houston, Texas-based private equity firm focused on the energy industry, agreed to acquire Cogentrix Energy, LLC , an independent power producer, from 凯雷投资集团 , an American multinational private equity, alternative asset management and financial services corporation, for $3bn.
"We are at a critical juncture in the evolution of the domestic power market. Electricity demand is rapidly increasing thanks to explosive growth in data centers and AI, the reshoring of manufacturing, and the electrification-of-everything. This growth is occurring at the same time our grid is becoming more unstable with additions of intermittent renewable power and continued retirements of coal-fired generation. Now more than ever, we need reliable and efficient power infrastructure. This is what the Cogentrix assets provide," Wil VanLoh , Quantum Founder and CEO.
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Quantum Capital Group is advised by Guggenheim Partners , King & Spalding , Vinson & Elkins and Joele Frank (led by Kate Thompson and Erik Carlson ). Carlyle is advised by Lazard and Latham & Watkins (led by David Allinson and Daniel Williams ).
Aurora Capital Partners , a middle-market private equity firm, completed the acquisition of GenServe , an independent provider of backup power solutions for commercial, industrial and critical infrastructure applications. Financial terms were not disclosed.?
"Aurora's track record and experience in the broader industrial and infrastructure services industry, commitment to partnering with management teams and expertise in implementing successful Buy & Build acquisition programs makes it the ideal growth capital partner for GenServe. We identified a significant opportunity to expand our business through M&A more than five years ago, and we are excited to partner with Aurora to continue executing that strategy while also maintaining a relentless focus on organic expansion, geographic growth and industry-leading customer service," Fred Smagorinsky , GenServe CEO.
GenServe was advised by KeyBanc Capital Markets and Lazard . Aurora was advised by Piper Sandler , Gibson Dunn , and ASC Advisors LLC (led by R. Taylor Ingraham ). Debt financing was provided by Ares Management Corporation .
Mars is said to consider acquiring global snacks maker Kellanova.?
玛氏食品 , the closely held US confectionary company, is considering buying snack-maker Kellanova in what could be one of the biggest deals in the consumer industry this year, 彭博资讯 reported.?
Deal considerations are ongoing and no final decisions have been made. An acquisition of Kellanova, which was spun off from Kellogg Company last year, would give Mars brands such as Pringles, Cheez-It and Pop-Tarts. Kellanova shares have gained 13% this year, valuing the company at $21.6bn.
Australia's Woodside Energy to buy Texas ammonia project for $2.35bn.
Australia's Woodside Energy said it will acquire OCI Global 's clean ammonia project in Texas for $2.35bn as the energy firm advances its transition towards green energy, Reuters reported.
The acquisition, which will provide Woodside with an early-mover advantage in the lower carbon ammonia market, comes as demand is expected to grow, with firms globally shifting towards cleaner forms of energy due to climate change.
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