Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Factbox-Seven & i’s reported offer and the biggest management buyouts to date

by
November 13, 2024
in Stock
0
Factbox-Seven & i’s reported offer and the biggest management buyouts to date

By Kane Wu

HONG KONG (Reuters) – Japan’s Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family.

The statement follows a Bloomberg report that the 7-Eleven owner was considering a management buyout offer (MBO) worth up to $58 billion, which would make it the largest by far in history.

Below are the top 10 MBOs globally ranked by size, according to LSEG data. All deal values include debt and liabilities.

HCA (NYSE:HCA) Inc

The biggest U.S. hospital company was taken private in 2006 for $32.9 billion, when its founder teamed up with private equity firms including KKR & Co (NYSE:KKR) and Bain Capital.

Kinder Morgan Inc (NYSE:KMI)

The oil and gas pipeline operator agreed to a $21.6 billion buyout offer in 2006 from an investor group that included Chief Executive Richard Kinder.

Dell Inc (NYSE:DELL)

In 2013, Michael Dell struck a deal to take Dell Inc private for $21.5 billion in the biggest leveraged buyout since the financial crisis, partnering with private equity firm Silver Lake and Microsoft (NASDAQ:MSFT).

Alliance Boots

Britain’s biggest pharmacy chain agreed in 2007 to a $19.6 billion take-private offer from KKR and billionaire Stefano Pessina, its deputy chairman and largest shareholder.

Qihoo 360 Technology

China’s Qihoo 360 was acquired in 2015 by a consortium led by Chief Executive Hongyi Zhou for $10.3 billion, marking Asia’s larget MBO to date.

Aramark

A management-led investor group, including Aramark’s CEO Joseph Neubauer and Warburg Pincus, acquired the company, a provider of management services, for $8.3 billion in 2006.

Cequel Communications

In 2012, a management-led investor group, backed by UK’s BC Partners and the Canada Pension Plan Investment Board, acquired the St. Louis-based cable services company for $6.6 billion.

Beatrice Companies

KKR led an investor group that included Beatrice’s management to acquire the food processor for $6.1 billion in 1985.

Hospital Corp of America

In 1988, the management of the Nashville-based hospital chain acquired the company in a deal that valued it at $4.9 billion.

Station Casinos Inc

An acquisition vehicle formed by company’s Chairman and CEO Frank J Fertitta and Colony Capital (NYSE:DBRG) bought acquired the remaining 88.89% interest plus options that it did not already own in the operator of hotels and casinos for $4.8 billion in 2006.

This post appeared first on investing.com
Previous Post

Just Eat Takeaway sells US unit Grubhub for $650 million

Next Post

Balance of risks still ‘decently positive’ for China stocks- Gavekal Research

Next Post
Balance of risks still ‘decently positive’ for China stocks- Gavekal Research

Balance of risks still ‘decently positive’ for China stocks- Gavekal Research

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    DOJ releases final violent crime numbers for Biden administration

    DOJ releases final violent crime numbers for Biden administration

    January 17, 2025
    RNC chair on GOP’s mission going forward: ‘Make sure…Trump voters become Republican voters’

    RNC chair on GOP’s mission going forward: ‘Make sure…Trump voters become Republican voters’

    January 17, 2025
    What Would It Take For Small Caps to Lead?

    What Would It Take For Small Caps to Lead?

    January 17, 2025
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • DOJ releases final violent crime numbers for Biden administration
    • RNC chair on GOP’s mission going forward: ‘Make sure…Trump voters become Republican voters’
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved