The top 10 dealmakers at publicly traded private-equity firms took home at least $1.7 billion in dividends in 2013 as they seized on rallying stock markets to sell stakes in everything from a Chinese insurer to a U.S. theme-park operator to a French floormaker.
Carlyle Group LP, the world’s second- biggest manager of alternative assets such as private-equity funds and real estate, agreed to buy the industrial-packaging business of Illinois Tool Works Inc. for $3.2 billion.
Hypo Real Estate Holding AG, the German lender that received a government bailout, drew offers of as much as 350 million euros ($472 million) for Dublin-based Depfa Bank Plc, two people familiar with the matter said.
David Carey , president of Hearst Magazines, said he’s “optimistic” that major publishers will be able reach an agreement with Apple Inc. about selling subscriptions for the computer maker’s iPad tablet.
Forest Laboratories Inc., maker of the Alzheimer’s drug Namenda, will buy Aptalis Pharma for $2.9 billion, adding treatments for gastrointestinal ailments and cystic fibrosis. Forest rose the most in at least 34 years.