Weil Gotshal Reps Buyers In $2.1B Husky Deal

Law360, New York (May 3, 2011, 1:02 PM EDT) -- Private equity firm Onex Corp. agreed Tuesday to sell injection molding standout Husky International Ltd. to Berkshire Partners LLC and the private equity arm of an Ontario pension fund for $2.1 billion.

Onex took Husky private in 2007 with an equity investment of $622 million, and the sale punctuates a formidable turnaround for the injection molding equipment company. When the sale closes, Onex’s investment in Husky will have netted a total of $1.8 billion, including a prior $98 million distribution, according to the press release....
To view the full article, register now.