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Article: Big is Back.(News)
- Article from:
- Mergers & Acquisitions Report
- Article date:
- October 12, 2009
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Byline: Kelly Holman
A pair of private equity transactions sponsored by New York's Blackstone Group and Clayton Dubilier & Rice marks the possible return of the mega private equity deal in the US, even if the idea of "mega" has assumed a more moderate meaning.
Blackstone agreed to buy theme park operator Busch Entertainment Corp. from Anheuser-Busch InBev for $2.7 billion on Wednesday, the same day CD&R announced it was backing the $2.6 billion recapitalization of JohnsonDiversey Inc.
A major bank syndicate comprised of Bank of America Merrill Lynch, Barclays Capital, Deutsche Bank, Goldman Sachs and Mizuho Corporate Bank are funding ...