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Truist Selling Insurance Brokerage At $15.5B Value

Law 360 M&A

said Tuesday it has agreed to sell its remaining stake in subsidiary Truist Insurance Holdings to an investor group led by private equity firms Stone Point Capital and Clayton Dubilier & Rice, in an all-cash transaction that gives the insurance brokerage an enterprise value of $15.5 Truist Financial Corp.

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Why Aerospace Company Kaman Shares Are Skyrocketing Today

Benzinga

The company inked a pact to be acquired by private equity firm Arcline Investment Management in an all-cash transaction with a total enterprise value of approximately $1.8 Kaman Corporation (NYSE: KAMN ) shares are trading higher in the premarket session on Friday.

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The Market for CEOs: Evidence from Private Equity

Harvard Corporate Governance

companies (enterprise value greater than $1 billion) purchased by private equity firms between 2010 and 2016. We find that 71% of those companies hired new CEOs under private equity ownership. We augment the work on public company CEOs by studying the market for CEOs among larger U.S.

Equity 264
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Spanish PE Firm Asterion Buying Steag In $2.8B Deal

Law 360 M&A

Madrid-based private equity firm Asterion Industrial Partners said Friday it has agreed to purchase Germany's Steag from the consortium Kommunale Beteiligungsgesellschaft, or KSBG, at an enterprise value of about €2.6 billion ($2.8

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PE Firm Crosspoint Buying Absolute Software In $870M Deal

Law 360 M&A

Private equity firm Crosspoint Capital Partners LP has agreed to buy Absolute Software at an enterprise value of $870 million, including debt, the security-focused software provider said Thursday.

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WillScot Mobile Mini Divests Its Tank And Pump Segment For $323M

Benzinga

NASDAQ: WSC ) has agreed to divest its Tank and Pump segment to private equity firm Kinderhook Industries for an enterprise value of ~$323 million. WillScot Mobile Mini Holdings Corp. The company intends to use the proceeds to support ongoing. Full story available on Benzinga.com.

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Endeavor Sells Sports Education Biz To BPEA EQT For $1.25B

Law 360 M&A

has agreed to sell its sports education subsidiary IMG Academy to BPEA EQT, the Asian investment unit of private equity firm EQT, in an all-cash deal with an enterprise value of $1.25 Endeavor Group Holdings Inc. billion, the companies said Tuesday.