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Final bids value Deutsche Bahn's Schenker at around €14bn.
Meritage explores the $2bn sale of Columbia Distributing.
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Sixth Street -backed Legends , a food, beverage, merchandise, retail, and stadium operations corporation, completed the acquisition of ASM Global , a live event entertainment company, from Onex , a private equity firm, and Anschutz Entertainment Group (AEG) - Germany , an American global sporting and music entertainment presenter. Financial terms were not disclosed.
"The next era of Legends starts now. Over the course of 15 years, we have developed an unmatched solution to deliver a superior fan experience and help our partners grow. We are proud to add ASM Global to deliver even better experiences and value for our global partners, setting the standard in sports and entertainment," Dan Levy , Legends CEO.
ASM Global was advised by 高盛 , Jefferies , Arnold & Porter , 霍金路伟 (led by Mark Kurtenbach and David Holland ), Latham & Watkins (led by shaun hartley and Daniel Breslin) and breakwhitelight (led by Jim Yeager ). Legends Hospitality was advised by 美国银行 , Moelis & Company , Cleary Gottlieb Steen & Hamilton LLP and Ropes & Gray LLP (led by Jonathan Gill ). Debt financing was provided by Apollo Global Management, Inc. , Ares Capital , 高盛 , HPS Investment Partners, LLC , KKR Credit and Oaktree Capital Management, L.P. . Debt providers were advised by 普衡律师事务所 (led by John Cobb and Jennifer Yount ).
Spectris plc , a supplier of precision instrumentation and controls, completed the acquisition of Micromeritics Instrument Corporation , a provider of analytical instrumentation for particle and materials characterization, for $683m.
"The acquisition of Micromeritics fits perfectly with our strategy to build world-class businesses compounding growth and generating strong value creation for our customers and shareholders. Micromeritics is a high-quality business with a strong track record of growth and innovation with excellent growth prospects," Andrew Heath , Spectris CEO.
Spectris was advised by Barclays and Teneo (led by Martin Robinson ).
Vibra , a?distributor and marketer of petroleum derivatives and biofuels, completed the acquisition of the remaining 50% stake in Comerc Energia , a company that provides generator management, natural gas market, distributed generation, and energy efficiency solutions, for $648m.
“Our decision is motivated by the significant financial return, which will come from the significant synergies synergies between the two companies and the low risk of a fully operational business. operational. Comerc has been showing good results, with the main generation generation projects completed and generating an annualized EBITDA of R$1bn by 2024,” Ernesto Pousada , Vibra CEO.
Vibra was advised by J.P. 摩根 and InPress Porter Novelli .
Final bids value Deutsche Bahn's Schenker at around €14bn.
Deutsche Bahn 's logistics unit 德铁信可 has received final bids from Danish transport firm 得斯威国际货运有限公司 and a consortium led by CVC Capital Partners, with each valuing the business at around €14bn ($15.6bn), Reuters reported.
The divestment of Schenker, which has over 70k employees in 130 countries worldwide including around 15k in Germany, could be one of the largest transactions in Europe this year.
Meritage explores the $2bn sale of Columbia Distributing.
Meritage Group LP is exploring the potential sale of Columbia Distributing that could value the US beverage distributor at about $2bn, including debt, Reuters reported.
Meritage, which was launched by billionaire Nat Simons after he left hedge fund Renaissance Technologies in 1997, is working with investment bankers at 摩根士丹利 on a sale process for Columbia, which is one of the largest US beverage distributors.
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