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Buyouts in brief

Article Abstract:

US-based BBA Group has agreed to sell an 85% stake in Ajax Magnothermic to a consortium consisting of Ajax managers and Citicorp Venture Capital for a total of $135 million in July 1998. CCI Holdings is to sell its clay pigeon division Clark Clay Industries to a management buyout team for a total of over 1.1 million pounds sterling. Baldwin is to sell its Snows Business Forms subsidiary to a management buyout team for a total of 2 million pounds sterling.

Publisher: Thomson Financial Inc.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
Mergers & Acquisitions, Analysis, Mergers, acquisitions and divestments, Acquisitions and mergers, Investments, BBA Group PLC, Citicorp Venture Capital Ltd., Ajax Magnothermic, Clark Clay Industries, CCI Holdings

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Independent corporate finance advice for Kent and the south-east

Article Abstract:

Accountancy firm NSP is to launch the NSP Corporate Finance advisory business in Jun 1998. NSP Partner Mike Norrie and former KPMG Corporate Finance Assistant Director Mark Ledger-Beadell will head the service. The two believe that the south-east is poorly served by corporate finance advisors. They feel that their experience, business structure and local contacts will bring them success in the local niche market.

Publisher: Thomson Financial Inc.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
Management consulting services, Other Management Consulting Services, Business & Mgmt Consulting NEC, Management, Finance, Corporations, Business consultants, Management consultants, Consulting services, Corporate finance, NSP Corporate Finance

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