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Hershey's Trust Rejects Mondelez's Buyout Bid. What Investors Need to Know.

The Motley Fool

Two days later, news broke that the company's controlling shareholder rejected the suitor's bid. According to Bloomberg, which in two separate articles reported Mondelez's actions, Hershey Trust felt the bid was too low. The stock's rally lasted about as long as a hunk of chocolate placed on a live radiator.

Bidding 189
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CVC secures €25bn for industry’s biggest-ever buyout fund

Private Equity Insights

The buyout giant collected €22 billion for the vehicle’s predecessor, CVC Capital Partners VIII, in 2020 after around six months in the market. read more The post CVC secures €25bn for industry’s biggest-ever buyout fund appeared first on Private Equity Insights. It is unclear when the fund will hold its final close.

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Bankrupt Rite Aid’s Elixir business ripe for mid-market PE buyout

PE Hub

MedImpact Healthcare has a $575m stalking horse bid to acquire Rite Aid's Elixir pharmacy benefit manager business. The post Bankrupt Rite Aid’s Elixir business ripe for mid-market PE buyout appeared first on PE Hub.

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Bain Capital, Carlyle Group and Cerberus Capital Management Set to Make Bids for Adani Capital

Private Equity Insights

Three private equity groups are reportedly all set to make their binding bids for Gautam Adani’s six-year-old shadow bank, Adani Capital. The funds are reportedly looking at a 100 per cent buyout Adani Capital has $40bn of assets under management and $8bn in book value. The group is expecting 2-2.5

Bidding 236
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EQT’s Sinding Says Buyout Firms Hunt for New Ways to Exit

Private Equity Insights

A growing number of private equity giants are considering new ways of exiting their portfolio companies — from private IPOs to selling their stakes to rivals – as they hunt for ways to return cash to investors, according to one of Europe’s largest buyout firms. read more Blackstone-led consortium bids Haldiram Snacks at $8.5

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Blackstone makes $1.7bn bid for Japan e-comics platform Infocom

Private Equity Insights

Blackstone launched a $1.74bn bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen, Infocom said on Tuesday. billion yen in a share buyback after the buyout is completed. billion yen in a share buyback after the buyout is completed. billion yen, Infocom said.

Bidding 130
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Blackstone-led consortium bids Haldiram Snacks at $8.5 billion

Private Equity Insights

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up The consortium, led by Blackstone, has submitted a non-binding bid for a 75% stake and the talks are in early stages, the sources said, adding that the final percentage and valuation has not yet been decided.

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