CVC Reaches £750M Deal To Scoop Up UK Appliance Insurer
Advent's efforts to shed D&G began earlier this year after it hired Goldman Sachs & Co. to oversee a possible sale. The firm mulled refinancing as an alternative after some bidders backed down, but news emerged earlier this month that CVC might be a successful suitor.
The deal, announced Tuesday, shifts ownership of D&G to...
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