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VCJ Staff

Monomoy Capital Partners yesterday acquired Kurz-Kasch Inc. from Dover Corp. (NYSE: DOV) for an undisclosed amount. Kurz-Kasch is a Dayton, Ohio
The Blackstone Group reportedly is in talks to acquire Jupiter Asset Management, a fund manager currently owned by Commerzbank. The deal could be worth around Gbp$1 billion, but Commerzbank also is considering an IPO for Jupiter.
Swander Pace Capital has acquired Raj Manufacturing Inc., a Tustin, Calif.
EGL Inc. (NYSE: EAGL) has received a $36 per share buyout offer from a group that includes EGL chairman and CEO Jim Crane, Centerbridge Partners and The Woodbridge Co. The deal would be valued at approximately $1.46 billion, with nearly $1.18 billion of leverage to be provided by Merrill Lynch, Pierce, Fenner & Smith and […]
EQT Partners has agreed to acquire cancer diagnostics company Dako Denmark AS for approximately $1.28 billion. Sellers include company founder Niels Harboe and Novo Nordisk. www.eqt.de www.dako.com
Axiom Equity Partners of Denver has acquired BLB Enterprises LLC, a Boston-based global supply company with a focus on manufacturing goods and procuring materials throughout Asia. No financial terms were disclosed. www.axiomequity.com
Catterton Partners has acquired MonoSol LLC, a Merrillville, Ind.-based developer of water-soluble films, from The Bass Group. News of the deal was first reported by LBO Wire, which put the price tag in excess of $55 million. Bass rolled some equity over into the deal, while existing MonoSol lender LaSalle Bank arranged senior financing. www.cpequity.com […]
Dow Chemical (NYSE: DOW) shares rose as much as 8% yesterday before settling up at 3.5%, on a UK press report that the company could be the target of a $54 billion buyout bid. The Sunday Express reported that the bidding consortium could include the Blackstone Group, Carlyle Group and KKR.
Kohlberg Kravis Roberts & Co. and Texas Pacific Group have agreed to acquire Dallas-based energy company TXU Corp. (NYSE: TXU), in a transaction valued at $45 billion. This would be the largest leveraged buyout in history, topping Blackstone Group's recent $39 billion deal for Equity Office. Under terms of the TXU agreement, company shareholders would […]
Apax Partners and Morgan Stanley Principal Investments have agreed to acquire Chicago-based insurance brokerage Hub International Ltd. (NYSE: HBG; TSX: HBG) for $40 per share. The total deal is valued at approximately $1.8 billion, including around $145 million of assumed debt. Hub is being advised on the sale by Merrill Lynch. www.apax.com www.hubinternational.com
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