Investors
Stone Point, Hellman & Friedman-backed Sedgwick Claims Management Services explores over $2B sale
Sedgwick Claims Management Services, backed by private equity firms Stone Point Capital and Hellman & Friedman, is looking to put up itself for sale in a deal that could value it at more than $2 billion.
Cessna plane maker Textron to acquire Beechcraft for $1.4 billion
Textron Inc., the maker of Cessna planes, reportedly agreed to takeover aircraft manufactured Beechcraft Corporation for $1.4 billion. Beechcraft has put up itself for sale after emerging from a bankruptcy protection earlier this year.
Eagle Merchant Partners says it won't sell Arcapita's assets
Eagle Merchant Partners, the firm managing the legacy portfolio firms of its former parent bank Arcapita, said it will not be selling Arcapita's assets for cents on the dollar, The Wall Street Journal reported.
Dallas-based Panda Power Funds to start construction immediately on new power plant acquired from Moxie Energy
Panda Power Funds said it will begin construction right away on the second power plant it had bought from Moxie Energy, with commercial operations set to start in the middle of 2016.