VCJ Staff
General Atlantic, Goldman Sachs, the NYSE Group and the Softbank Asian Infrastructure Fund each have agreed to acquire a 5% stake in the National Stock Exchange of India. Sellers are IFCI, IL&FS, ICICI, PNB and GIC. No financial terms were disclosed.
Genstar Capital has agreed to acquire International Aluminum Corp. (NYSE: IAL) for $228 million. IAC is a Monterey Park, Calif.-based manufacturer of residential and commercial aluminum building materials. Under terms of the agreement, IAC shareholders will receive $53 per share. http://www.gencap.com/ http://www.intlalum.com/
Rockwood Holdings Inc. (NYSE: ROC) has completed the sale of its 78.6% position in Groupe Novasep subsidiary to Gilde Buyout Partners, Banexi Capital and Groupe Novasep management (which held the remaining 21.4%). The deal was valued at approximately Euro425 million. Groupe Novasep is a France-based provider of technologies and ingredients to the life sciences and […]
Onex Healthcare Holdings, a subsidiary of Onex Corp. (TSX: OCX), has agreed to acquire the Health Group of Eastman Kodak Co. (NYSE: EK). The deal includes $2.35 billion in cash at closing, plus up to $200 million in possible milestone payments. Kodak's Health Group provides molecular imaging systems, medical and dental imaging, including digital x-ray […]
Blue Sage Capital has sponsored a management-led buyout of The Primus Sterilizer Co., an Omaha, Neb.-based maker of steam sterilizing equipment for the healthcare, laboratory, pharmaceutical and animal care markets. No financial terms were disclosed. www.bluesage.com www.primus-sterilizer.com
Palladium Equity Partners has completed a $58.3 recapitalization of portfolio company Prince Mineral Holdings Corp., a producer of mineral-based colorants and additives. Patriot Capital Funding provided $23.3 million of junior secured debt and senior subordinated debt. Bank of America and Merrill Lynch Capital each provided $17.5 million of senior debt. www.princeminerals.com
Macquarie Bank has offered to acquire listed Australian energy transmission leader Alinta for approximately Au6.3 billion.
The Gap Inc. (NYSE: GPS) reportedly has retained Goldman Sachs to explore strategic options. A buyout of the clothing retailer likely would be in excess of $18 billion, based on a current market value of around $16.4 billion. http://www.gap.com/
ACON Investments has acquired Peter Piper Inc., a Phoenix, Ariz.-based dine-in pizza and entertainment restaurant chain, from Madison Dearborn Partners. No financial terms were disclosed. http://www.peterpiperpizza.com/
Blue Wolf Capital Management has completed its acquisition of Pittsburgh-based landfill gas developer Montauk Energy Capital LLC from DQE Financial Corp., a subsidiary of Duquesne Light Holdings Inc. The deal is valued was approximately $110 million, with GoldenTtree Asset Management providing senior financing. http://www.blue-wolf.com/