This week’s deal of the week looks to be one involving a European target. Boston buyout firm Advent International Corp. agreed Monday to buy listed Dutch medical devices and pharmacies group Mediq NV for EUR 1.03 billion including debt, reports the Deal Pipeline.
Another big deal is emerging but will be some time before it closes. Reuters broke the news that global sports and entertainment business, AEG, is for sale and is attracting a range of media and private equity firms including Liberty Media Corp and Guggenheim Partners LLC, in a deal that could fetch more than USD 6 billion, citing unnamed sources. Others possible acquirers were listed including Thomas H. Lee Partners LP, Bain Capital LLC and Colony Capital LLC.