Home Jarden Corp. completes $1.35 billion acquisition of Waddington Group
 

Keywords :   


Jarden Corp. completes $1.35 billion acquisition of Waddington Group

2015-08-01 00:31:47| Appliances - Topix.net

The Boca Raton-based consumer products company , which owns brands like Yankee Candle and Crock-Pot, announced the agreement to buy Waddington Group from an investment fund managed by Olympus Partner on July 14. On July 30, Jarden Corp. closed on $900 million of senior secured term loans - $300 million of which mature in 2020, with the rest maturing in 2022, the company said. Jarden Corp. funded the acquisition from its proceeds from financing of the term loans and its recent common stock offering.

Tags: group corp billion acquisition

Category:Consumer Goods and Services

Latest from this category

All news

24.11Young people who refuse to work to lose benefits - minister
24.11'I was scammed out of 75k by Martin Lewis deepfake advert'
23.11'Trust and reserve judgement' on rebrand, says Jaguar
23.11UK wants to hire EU negotiator to 'reset' relations
23.11Sisters build global beauty brand from a garage
23.11Versace bag for 15: Why Christmas shoppers are choosing charity shops
23.11'We are being robbed': Homeowners feel trapped by rising fees
23.11'We are being robbed': Homeowners feel trapped by rising fees
Consumer Goods and Services »
24.11
24.11sobbat DB4R
24.11RC10
24.11 Knicks
24.11 W6S-JP001
24.11SALOMON XLT 150
24.11NU: EYE
24.11
More »