Deals Rumor Mill: Springer, TPG, Sinopec

Law360, New York (June 13, 2013, 1:52 PM EDT) -- European buyout firm BC Partners is barreling toward a $4 billion-plus acquisition of academic publisher Springer Science & Business Media GmbH, sources told Reuters on Thursday. The firm is the last bidder standing after KKR & Co. LP and Providence Equity Partners dropped out of the running for Springer ahead of a deadline earlier this month. Springer’s current owners, EQT Partners AB and the Government of Singapore Investment Corp., had been eyeing a $4.6 billion price tag for their publisher unit, but Reuters reported that they...
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