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Sika Seals MBCC Acquisition After Deal to Divest Some Assets

By Joshua Kirby Sika said Tuesday that it has finalized its acquisition of German construction-chemicals firm MBCC Group, after securing regulatory approvals through divestment of part of the. | May 2, 2023

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Australia Won't Oppose Sika-MBCC Deal, Subject to Divestment Conditions

By Pierre Bertrand Australia s competition and consumer commission said Thursday that it won t oppose Sika s takeover of MBCC Group on the condition that the Swiss specialty-chemical company. | April 20, 2023

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Barclays, JPMorgan Pull Deals as Angst Freezes Junk-Debt Market

(Bloomberg) Global banks are growing wary of risky credits as turmoil envelops the industry, crushing the market for new leveraged finance deals just as it was beginning to regain its footing. Bank underwriters across the US and Europe are pulling sales and pausing future ones amid tepid demand. Barclays Plc recently shelved a pair of loans for Ineos Enterprises and Russell Investments, while JPMorgan Chase & Co. yanked a deal for Agiliti Health. “The primary loan market feels like a Scooby Doo ghost town recently deserted and a bit haunted,” said Scott Macklin, director of leveraged loans at AllianceBernstein. The sudden takeover of Credit Suisse Group AG and the failure of a trio of US regional lenders sparked renewed fears among investors who were already forecasting a recession. The timing could hardly be worse for Wall Street’s lucrative leveraged lending desks, which are still seeking to offload billions of dollars of risky corporate debt stuck on their books to institu

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