NFPA Member News – April 15, 2014

Gates CorporationGates Corporation to be sold to private equity funds managed by Blackstone. Blackstone entered into a definitive purchase agreement with affiliates of Onex Corporation and Canada Pension Plan Investment Board to acquire all of the equity interests in Pinafore Holdings B.V., the parent company of Gates Corporation (“Gates”). The transaction is expected to close later this year and is subject to customary closing conditions and regulatory approvals. To read the full release, click here.

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