Market volatility thwarts CVC pursuit of Australia's Brambles
CVC Capital Partners has abandoned its proposed acquisition of Australia-based container supplier Brambles, citing market volatility.
Brambles confirmed on May 16 that it had been approached by the private equity firm, following reports of AUD 20bn (USD 13.8bn) bid. A day later, the company said in a filing that CVC would not be putting...
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