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Deals Rumor Mill: L Catterton, ILG, Vale

By Adam Rhodes (March 21, 2018, 8:39 PM EDT) -- Private equity firm L Catterton's bid to buy Airxcel is reportedly supported by $540 million in loans, Reuters reported Wednesday, citing a trio of anonymous sources. The climate-control-product maker on March 14 announced the firm's bid to buy it for an undisclosed amount. Reuters' report details that under the deal, L Catterton would acquire Airxcel from One Rock Capital Partners. Some of the outlet's sources detailed that L Catterton is buying the company for around $640 million....

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