CBS Corp., owner of the most-watched U.S. broadcast network, reported third-quarter profit growth that met analysts’ estimates, lifted by sales of shows to streaming services from Netflix Inc. and Amazon.com Inc.
Private-equity firms Pamplona Capital Management LLP and Rhone Capital LLC are considering bids for Innovia Films Ltd., the U.K. food and tobacco packaging maker owned by Arle Capital Partners LLP, according to four people with knowledge of the matter.
Angry workers at a central France foundry owned by Platinum Equity LLC have placed about 20 gas demijohns converted into “mini-bombs” at the plant set for closure, in a last-ditch attempt to get President Francois Hollande’s attention.
Don Ahern, who built Ahern Rentals Inc. from mom-and-pop beginnings into an equipment empire with $382 million of annual revenue, is running out of time to keep his company out of the hands of buyout billionaire Tom Gores.
Platinum Equity LLC, billionaire Tom Gores’ Beverly Hills, California-based private-investment firm, said it combined two makers of auto chassis parts into Chassix, with $1.2 billion in annual revenue.