GFM Network News

Allflex sale cashes in on livestock control boom

British private-equity firm Electra Partners is selling out of animal tagging company Allflex after 14 years, banking the rewards from ever stricter livestock controls prompted by a string of food scares. Electra said on Friday it has received a binding offer worth $1.3 billion from private-equity peer BC Partners, amounting to $630.5 million gross proceeds […] Read more