European junk-bond sales are off to the busiest start on record as companies owned by private-equity firms such as Permira Advisers LLP and Doughty Hanson & Co. take advantage of plummeting yields to repay loans.
Tumi Holdings Inc., the premium travel-bag company, is seeking as much as $319.3 million in a U.S. initial public offering, allowing private-equity owner Doughty Hanson & Co. to begin recouping its investment.
Doughty Hanson & Co., a private equity firm, agreed to buy the U.K.’s third-largest cinema operator, Vue Entertainment Ltd. , from existing managers and an affiliated investment fund, Och-Ziff Capital Management Group.
Doughty Hanson & Co., a U.K. private equity firm, is looking to hire an investment bank to conduct a review of its Tumi luggage business, Sky News reported on its website, without saying where it obtained the information.
Cie. de Saint-Gobain SA agreed to sell the U.S. business of its Verallia glass bottle-and-jar unit to Ardagh Group SA for $1.7 billion in a deal that tops the valuation placed on it in an earlier spinoff attempt.