Deals Rumor Mill: Blackstone, Compuware, Panasonic

By Karlee Weinmann (November 27, 2013, 12:34 PM EST) -- Chemical supplier Ashland Inc. is holding talks with more than a half-dozen private equity firms interested in scooping up its water technologies unit, valued past $1.5 billion, sources told Reuters on Wednesday. Firms that have cleared the first round of bidding include New York-based Apollo Global Management LLC, Toronto's Onex Corp., Boston-headquartered Bain Capital LLC and Advent International Corp. and Texas-based TPG Capital, among others. Goldman Sachs' private equity branch has also joined the hunt. The Blackstone Group LP and industrial conglomerate Danaher Corp. were also said to be pursuing a joint bid. The water-treatment business, which provides chemicals to the mining and paper industries, is up for sale after activist investor Jana Partners LLC over the summer pushed for a shake-up....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!