Akazawa: no gap in understanding with US on trade deal

Akazawa: no gap in understanding with US on trade deal

CapVest Partners has agreed to acquire a majority stake in German drugmaker Stada Arzneimittel AG, ending a long-running saga over the company's future. The London-based buyout firm will take control from Stada’s private equity owners, Bain Capital and Cinven, who will retain a minority holding. The transaction is valued at approximately €10 billion ($11.7 billion) including debt [1].

Separately, ArcelorMittal Poland has reached an agreement with trade unions to support employees during the temporary shutdown of blast furnace No. 3 at its plant in Dabrowa Górnicza. The agreement ensures that about 200 employees will receive new jobs and specialized training during the shutdown. Employees will also be able to use their accumulated vacation time and undergo mandatory and specialized training to acquire new skills and qualifications [2].

These developments highlight the ongoing efforts in the private equity and industrial sectors to navigate financial and operational challenges while maintaining employee stability and continuity.

References:
[1] https://news.bloomberglaw.com/private-equity/capvest-agrees-to-buy-majority-stake-in-german-drugmaker-stada
[2] https://gmk.center/en/news/arcelormittal-poland-has-reached-an-agreement-with-trade-unions-to-support-employees-of-bf-no-3/