HK financier Francis Leung joins CVC as adviser

(Reuters) - Leung, a long-time banker to Hong Kong tycoon Li Ka-shing with close China ties, was with Citigroup Global Markets as chairman of Asia until last year focusing on developing Citigroup's Greater China investment banking business, CVC said.




CVC, which is a major shareholder in global motor racing business Formula 1, owns interest in Australia's media group PBL Media, Japan's restaurant chain Skylark, Singapore's precision metals stamping firm Amtek, Malaysia's largest paper packaging firm GS Paper and Packaging, and Chinese wood fibreboards maker Plantation Timber Products.


Read more at Reuters.com Business News

CVC Capital Partners to Buy Chemical Distributor Univar for $2.07 Billion

(Bloomberg) -- CVC Capital Partners Ltd., Europe's
second-biggest buyout firm, agreed to pay 1.52 billion euros
($2.07 billion) for Univar NV, the largest distributor of
chemicals in the U.S.

CVC, based in London, will buy Univar for 53.50 euros a
share, the Dutch chemical company said in a statement today.
That's 37 percent more than the closing share price last week.


Read more at Bloomberg Stocks News