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Stock impact report

Canada Pension Plan Nears Deal for Germany's CeramTec [Financial Post (Toronto, Ontario, Canada)]

Celanese Corporation Celanese Corporation (CE) 
Last celanese corporation celanese corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.celanese.com
Company Research Source: Financial Post
ceramics maker owned by buyout firm BC Partners, people with knowledge of the matter said. The transaction is set to value CeramTec at about 3.8 billion euros ($4.5 billion) including debt, the people said, asking not to be identified because the information is private. BC Partners and Canada Pension Plan will each own about half of CeramTec along with their co-investors after the deal, which could be announced as soon as Tuesday, according to the people. How will a pandemic vote work? Advertisement Advertisement Article content Canada Pension Plan will contribute about 800 million euros of equity as part of the deal, the people said. A consortium of Partners Group Holding AG and CVC Capital Partners was competing with suitors including chemical producer Celanese Corp. to acquire the business, Bloomberg News reported last month. BC Partners had been seeking a valuation of at least 4 billion euros from the potential sale, people with knowledge of the matter have said. B Show less Read more
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