Australia’s BWX Ltd, a marketer of branded skin and hair care products, said on Monday it will remain independent after a Bain Capital-led consortium failed to submit a binding proposal and withdrew its takeover offer.
Spanish brand Bimba y Lola has posted double-digit revenue growth ahead of a possible sale to investment fund Permira. The brand ended 2017 with revenue of 180.8 million euros, up 18.5% against the previous year.
Australia’s BWX, a marketer of natural skin and hair care products, said on Monday it received an unsolicited takeover offer from two of its senior executives and Bain Capital, valuing the company at A$803 million.
Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.