Glance: How Carlyle Group’s $3.8 billion offer for NBTY compares to other recent deals
By APThursday, July 15, 2010
Glance: Carlyle’s $3.8B offer for NBTY in context
Private equity firm The Carlyle Group agreed Thursday to buy vitamin maker NBTY Inc. for $3.8 billion in cash in one of the largest private equity deals so far this year.
Here’s a look at major buyouts proposed since September 2007, when the financial crisis began.
— May 2008: Pharmaceutical company Bristol-Myers agrees to sell ConvaTec for about $4.1 billion to Nordic Capital and Avista Capital Partners. Closed Aug. 2008.
— November 2009: Health care data company IMS Health Inc. agrees to be bought by investment funds TPG Capital and CPP Investment Board for $4 billion. Closed Feb. 2010.
— May 2010: Hotel chain Extended Stay Hotels has agreed to be bought and taken out of bankruptcy protection by a group of investors led by Centerbridge Partners LP for $3.93 billion. Pending.
— July 2008: Landmark Communications Inc.’s agrees to sell The Weather Channel to GE’s NBC Universal and two private equity firms, The Blackstone Group LP and Bain Capital LLC, for $3.5 billion. Closed Sept. 2008.
— May 2010: Interactive Data Corp., which provides financial information and tools to analyze it, agrees to a $3.4 billion takeover by Silver Lake and Warburg Pincus. Pending.
Tags: Nbty, Ownership Changes