Tochigi Ontario Holdings | Archived Press

Senior financial analysts at Tochigi Ontario Holdings have today commented on the private equity owners of the financial market data provider company, Interactive Data Corporation, priming for a sale of their investment. The deal is expected to be valued at $5.5 billion, including debt.    "Warburg Pincus and Silver Lake Partners have already initiated the early stages of a dual-track process, which would either trigger a US floatation of IDC or a sale. The firms are already making arrangements with banks to manage the listing," commented Michael Walker, Director of Corporate Equities at Tochigi Ontario Holdings.    If they consider auctioning IDC, it may attract financial data companies or other judicious bidders like Thomas Reuters, Standard & Poor's owner, McGraw Hill Financial, and others.   On the contrary, the possible deal's size may see some bidders withdraw as IDC's value is massive to absorb for its competitors. This may make the listing more prac...

Tochigi Ontario Holdings has today said that US-based speciality chemicals production company Platform Speciality Corporation has agreed to acquire Arysta LifeScience for $3.51 bn, including debt.   “The terms of the agreement to purchase Arysta LifeScience is a cash and stock deal. Platform Speciality will pay $2.91 billion in cash and $600 million in stock to Arysta’s private equity stock owner Permira” said Jonathan Turner, Head of Corporate Trading at Tochigi Ontario Holdings. “Platform Speciality Corporation, earlier valued at $3.35 billion on Monday, will double its size,” he added.    Tochigi Ontario Holdings says Platform Specialty will acquire Arysta for $3.5 billion The company was co-founded by Martin E Franklin last year out of a shell company. On completion of the deal, Franklin will own 20% of the stock in Platform Speciality Corporation. The company specializes in the production of chemicals used in oil drilling industries, electronics, and automotive. It h...

Tochigi Ontario Holdings has today said that the Famous IT solutions provider, Compuware, has decided to go private after it agreed to a stock and cash deal of $2.5 billion with private equity firm Thoma Bravo. Compuware is known to have made the decision following pressure from activist investor, Elliott Management.   The current deal will put an end to a process that was initiated in 2012 when Elliott Management bought a stake in Compuware and made an $11/share to take it over. Elliott owns 9.5% of Compuware and has decided to vote for the deal.   "Thoma Bravo has offered to pay $10.92 per share for Compuware. The offered price is lower than what Elliot originally offered. However, Compuware is supporting this deal, representing a 17% premium to last week's stock process of Compuware and after several gestures that were purposed towards value creation for shareholders," said Head of Corporate Trading at Tochigi Ontario Holdings, Jonathan Turner.    Since Elliott to...

Senior financial analysts at Tochigi Ontario Holdings have today reported on American multinational food firm, Sysco, revealing it will buy U.S. Foods for a $3.5 billion cash and stock takeover, from Kohlberg Kravis Roberts (KKR) and Clayton, Dubilier & Rice (CDR).    "Sysco and U.S. Foods will have an annual sale of $65 billion and a cash flow of $2 billion. One-third of this combined revenue will come from U.S. Food's sale, approximating about $22 billion," said Jonathan Turner, Head of Corporate Trading at Tochigi Ontario Holdings.     Sysco has already witnessed a hype of about 10% in their sales on Monday afternoon trading. This reveals that the investors sense a sturdy strategic merger, which will lead to rapid growth and cut down costs.    Houston-based Sysco will pay $3 billion in cash and $500 million in stock for U.S. Foods and has agreed to refinance its approximately $4.7 billion in outstanding debt. After counting debt, Sysco's total ...

Tochigi Ontario Holdings has today said that Latin America is witnessing big buyout deals this year. Various private equity groups and venture capitalists have invested nearly $7.9 billion in multiple deals. The funds raised in the region are the highest in the past five years.    "Latin America witnessed a 21% increase in fund allocation in 2011. It is expected that the new bubble of investments will burst in either 2014 or early 2015 as the entities will be looking forward to spending the capital on expansion and operations," said Michael Walker, Director of Corporate Equities at Tochigi Ontario Holdings.     Patrice Etlin, chairman of Latin America Private Equity and Venture Capital Association (LAVCA), also marked that the next wave of the region's investment process will hit back in 2015.   In 2010 and 2011, private equity and venture capitalists invested $8.1 billion and $10.3 billion respectively in the Latin America region. The fundraising process i...

Tochigi Ontario Holdings has today said that Garda World Security, the armoured car and security dealing company, has joined hands with a private equity fund to privatize the company.    “The deal on the table is valued at $1.1 billion. The buyout will be led by U.K private equity firm Apax Partners,” said Jonathan Turner, Head of Corporate Trading at Tochigi Ontario Holdings .   Tochigi Ontario Holdings says Garda Security receives $1.1 billion buyout offer   Stephan Cretier, chief executive of the company and former minor league baseball umpire, will offer his 23.5% in the company.    Apax Partners is offering $12 per share to privatize the company. The share price offered represents a 30% premium over the closing share price on the Toronto stock exchange. Mr. Cretier also stated that Garda would buy out more companies after putting a stop to public trading. He also remarked that the company intends to strategize its growth from both organic and acqu...