CVC Capital Partners News
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Honda Motor Co. will return to Formula One as an engine supplier to help develop its technology after exiting the racing series in 2008.
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Former Bayerische Landesbank Chief Risk Officer Gerhard Gribkowsky said he didn’t receive a summons in a New York lawsuit against Formula One Chief Executive Officer Bernie Ecclestone over sale of an F1 stake.
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U.K. stocks climbed, extending their highest level in 5 1/2 years, as merger and acquisition activity in the utility industry offset a selloff by metal producers.
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Molson Coors Brewing Co.’s margins across Central and Eastern Europe will be boosted by new “higher” value products and premium brands, the company’s chief executive officer said.
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Former Bayerische Landesbank Chief Risk Officer Gerhard Gribkowsky and Munich prosecutors dropped appeals against his conviction for bribery, Germany’s top criminal court said.
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Warburg Pincus LLC, the owner of Neiman Marcus Group Inc. and Interactive Data Corp., raised $11.2 billion for its new global private-equity fund, shy of the $12 billion target.
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KKR & Co. is emerging as the global private-equity winner in Asia, beating rivals Carlyle Group LP and TPG Capital in the performance of funds started since 2006 and their latest money-raising efforts.
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Ista International GmbH increased the loan portion of its 2.3 billion-euro ($3 billion) buyout financing and reduced part of its bond sale, according to two people with knowledge of the situation.
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Evonik Industries AG, the German chemical maker that listed shares in Frankfurt two weeks ago, said first-quarter profit fell 10 percent as the company cut prices for some of its products and raw-material costs rose.
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Ista International GmbH is selling bonds to support CVC Capital Partners’ 3.1 billion-euro ($4.1 billion) buyout of the German metering company.
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