Deals Rumor Mill: Onex, First Reserve, Mechel

Law360, New York (April 26, 2013, 5:55 PM EDT) -- The bidding war for Onex Corp.'s Carestream Health Inc. is down to just Bain Capital LLC and Thomas H. Lee Partners LP, while leading energy-focused private equity firm First Reserve Corp. plans a second global infrastructure fund.

The potential bidders for Onex-owned Carestream Health Inc. have dwindled to just Bain Capital and THL, several sources told Reuters on Friday. Onex had hoped to bring in up to $3.5 billion for the medical imaging company, but that price has been thrown into doubt after several other private...
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