Private equity bidders for Orica unit get ducks in a row
It’s a Melbourne Cup field of investment banks that have hopped on a nag in the mounting yard in the race for Orica’s non-mining chemicals business, which may fetch up to $1 billion.
It’s a Melbourne Cup field of investment banks that have hopped on a nag in the mounting yard in the race for Orica ’s non-mining chemicals business, which may fetch up to $1 billion.
Macquarie Capital is believed to be backing Pacific Equity Partners, UBS is donning the silks on board Blackstone’s proposal, while Deutsche Bank is thought to be there with Bain Capital. The Carlyle Group is also there in the mix. Some sources reckon KKR & Co may be pens down on this particular deal as it enters the final furlong of Treasury Wine Estates ’ auction.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out more