JPMorgan Chase served as administrative agent for a $600 million term loan facility for Owens Corning to facilitate its acquisition of Paroc Group, a transaction estimated at €900 million ($1.04 billion).
Private equity firm CVC Capital Partners hired Chris Colpitts as a senior managing director and head of Telecom, Media and Technology in the U.S.
CVC Capital Partners will provide an $80 million growth equity investment to Kount, a provider of online and mobile fraud detection and prevention solutions.
Reuters reported that three buyout funds are vying to buy General Electric’s banking unit in France which has approximately $6.6 billion worth of assets.
Reuters reported that Toshiba and Kohlberg Kravis Roberts are among those expected to bid for Panasonic’s healthcare business. Bank of America Merrill Lynch is advising Panasonic on the sale.