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Norma Group rejects offers from Carlyle, PAI and Triton, reveals Bloomberg

If you thought private equity firms had given up trying to do big deals in Europe then think again.

According to Bloomberg hack Aaron Kirchfeld, Carlyle, PAI and Triton approached Germany-listed Norma Group late last year with offers.

Those approaches came after Norma Group - which makes hose clamps and pipe connections for cars and washing machines - explored a potential sale with advisors, claims Bloomberg.

Below is a link to Kirchfeld's scoop:..

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Bond giant Pimco said to appoint Moelis ahead of major financial restructuring of Galapagos Holdings - sources

One of the largest leveraged buy-outs of a European business in the last decade could be heading towards a major financial restructuring after the owners of the company's debt appointed bankers to look at their "options"...

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