KKR bids $3.1-billion to take over Masonite

Article Abstract:

Leveraged buyout firm Kohlberg Kravis Roberts & Co. served notice on 22nd December 2004 that it intends to become a global powerhouse in the doormaking industry, announcing a $3.1-billion all-cash deal to buy Mississauga-based Masonite International Corp. and take the company private. Masonite's board of directors has approved the offer that would translate into approximately $40.20 a share.

Author: Willis, Andrew, Stewart, Sinclair
United States, Acquisitions & mergers, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Millwork, Wood Products Machinery, Sawmill and Woodworking Machinery Manufacturing, Mergers, acquisitions and divestments, Company acquisition/merger, Woodworking industry, Kohlberg Kravis Roberts & Co., Masonite International Corp.

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India deals a blow to Scotiabank

Article Abstract:

The decision of Reserve Bank of India, to cease Bank of Nova Scotia's investment plans in Bank of Punjab, is examined.

Author: Stewart, Sinclair
Commercial Banks, Government expenditures, Financial management, India, Securities issued, listed, Banking industry, Company investment, Investments, Economic policy, Securities, Company securities, Bank of Nova Scotia (Toronto, Ontario), India. Reserve Bank of India, Bank of Punjab

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Subjects list: Canada
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