trending Market Intelligence /marketintelligence/en/news-insights/trending/b6artz8gndt2zdydviuk2w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Buyout firms preparing bids for CVC's Domestic & General

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Report: Buyout firms preparing bids for CVC's Domestic & General

Several private equity firms are preparing to bid for CVC Capital Partners Ltd.'s Domestic & General Group Ltd. with the warranty provider also preparing for a possible IPO, Sky News reported.

Clayton Dubilier & Rice LLC, Onex Corp. and Warburg Pincus LLC are reportedly planning to submit their takeover offers ahead of an Oct. 19 deadline. Blackstone Group LP and Centerbridge Partners LP have also explored offers, but it was unclear whether they would submit formal proposals.

The offers could value the company at about £1.2 billion, Sky News said, citing unnamed sources.

CVC is seeking to price D&G at up to 13x its £99 million EBITDA, the report said.

The expected takeover bids come amid reports that CVC is also considering whether to take the warranty provider public.

In September, Sky News reported that CVC hired Rothschild to advise the buyout firm on an IPO.

D&G was taken private by Advent International Corp. in 2007, and was bought by CVC in a 2013 deal that reportedly valued the target at £750 million including debt.