trending Market Intelligence /marketintelligence/en/news-insights/trending/LuhL92BlHuq_V3ZT-6V-LQ2 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.

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

  • Enter verification Code here*

* Required

In This List

Report: Laundry service CSC's owners still evaluating sale of the company

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Report: Laundry service CSC's owners still evaluating sale of the company

Pamplona Capital Management LLP and the Ontario Teachers' Pension Plan Board are working with an adviser for a potential sale of U.S.-based laundry company CSC ServiceWorks Inc., Bloomberg News reported, citing people familiar with the matter.

The deal could reach $4 billion, including debt.

The owners are trying to raise investor interest in the deal, but final decisions have not been made, the sources said. Some interested firms could include infrastructure-focused private equity firms, they added.

Bloomberg estimates CSC has about $2.1 billion in debt.

Sources told Reuters in 2018 that the two entities were already considering the sale of CSC and that it was initially valued at over $3 billion.