Candover readies rival bid for Hillsdown

Article Abstract:

Candover Investments PLC is readying a competing offer to acquire Hillsdown Holdings PLC. The rival bid is an attempt to defeat Hicks, Muse, Tate & Furst Inc.'s 464 million pound sterling ($751.8 million) bid. Candover is a venture capital group based in the UK that specializes in management buyouts. Hillsdown is a seller of furniture and food products based in the UK.

Comment:

Candover Investments readying competing offer to acquire Hillsdown Holdings

United Kingdom, Canned, Dried & Frozen Foods, Fruit and Vegetable Preserving and Specialty Food Manufacturing, Food industry, Food, Abstract, Hicks, Muse, Tate and Furst Inc., Candover Investments PLC, Hillsdown Holdings PLC

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Waterton to acquire Zany

Article Abstract:

Waterton Management LLC is expected to acquire Zany Brainy Inc. for approximately $115 million (135.6 million euros). Zany Brainy is a toy retailing company.

Investment Offices, Waterton Management L.L.C.

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Toy chain Zany Brainy files for protection from creditors

Article Abstract:

Zany Brainy Inc. has filed for Chapter 11 bankruptcy protection in the United States. The toy store chain filed for protection from its creditors.

Organizational history, Cases, Finance, Bankruptcy

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