The New York investment firm sold the portfolio company to Sermatechs coatings unit.
Not to be dissuaded by the republics losses, Yucaipa will head the restructuring efforts of the shipping and logistics company Hf. Eimskipafelag Islands.
Deal with Allis-Chalmers is another in a growing line of listed entities that needed support from PE to get by.
The $400 million deal gives the US-based technology company rights to a global leader in natural gas measuring and control products.
The natural resource companies expects the divestiture to be the first of a series of upcoming asset sales.
As blank check companies increasingly submit filings to have their IPOs withdrawn, a door remains open for SPACs in Canada.
Pilgrim's has been wrestling with higher commodity costs and interest payments, and is now combating press reports that the company could be forced to file for bankruptcy.
Merrill Lynch managing director Paul Stefanick is set to join the global banking division of Deutsche Bank Securities Inc.
Veritas Capital is starting a new fund in order to combat the stateside influence of foreign acquirers like Finnmeccanica, who have as of late used their currency advantage to out-bid M&A competitors.
SemGroup, the privately held US oil trading company, declared bankruptcy and will shed assets.