CVC Capital

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CVC Makes $2B Play for Univar

Private equity firm sets sights on US market with purchase of chemical supplier

(Newser) - Europe's second-largest private equity fund will purchase Univar, one of the world's biggest chemical distributors, in a deal worth $2.1 billion (€1.52 billion), Bloomberg reports. CVC Capital Partners will pay €53.50 per share, a nearly 40% premium over Friday's closing price, to acquire the largest... More »

British Firm Bags Samsonite for $1.7B

Private equity group gets in on American buyout frenzy

(Newser) - CVC Capital, a British private equity firm, has bought out Samsonite, the American luggage line, in an all-cash deal worth $1.7B, BBC reports. CVC will pay $1.49 a share--12% more than the stock was worth Tuesday. Samonsite has had five owners in the last 21 years, as luggage... More »

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