Deals
3G Capital Buys Control of Luxaflex Maker in $7 Billion Deal
- New York buyout firm to acquire 75% stake in Hunter Douglas
- Founding Sonnenberg family to retain 25% share after deal
The Luxaflex website.
Source: Luxaflex
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Buyout firm 3G Capital has agreed to acquire a controlling stake in Hunter Douglas NV, in a deal that values the maker of Luxaflex blinds at about $7.1 billion.
New York-based 3G Capital will buy a 75% stake in Hunter Douglas for 175 euros ($198) per share, a 73% premium to Thursday’s closing price, the companies said in a statement.