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Spectrum, CVC in Advanced Talks on $2 Billion Conair Deal


Spectrum, CVC in Advanced Talks on $2 Billion Conair Deal
By
Conair Beauty products
(Bloomberg) Spectrum Brands Holdings Inc. and private equity firm CVC Capital Partners are in advanced talks to acquire hair-dryer maker Conair Corp., according to people with knowledge of the matter.
The deal could value Stamford, Connecticut-based Conair at about $2 billion, the people said, asking not to be identified because the information is private. The suitors aim to reach an agreement within weeks, though negotiations could still fall apart, the people said.
Closely held Conair, founded in 1959 by Lee Rizzuto, makes products including hair dryers and curling irons. It also sells professional styling equipment under the BaByliss PRO brand and owns kitchen appliance maker Cuisinart, according to its website. ....

George Foreman , Russell Hobbs , Lee Rizzuto , Conair Corp , Bloomberg Spectrum Brands Holdings Inc , Hitachi Ltd , Armitage Pet Care Ltd , Omega Sea , Brands Holdings , Connecticut Based Conair , Good Boy , De Longhi Spa , ஜார்ஜ் மேற்பார்வையாளர் , ரஸ்ஸல் ஹாப்ஸ் , லீ ரிஜ்ஜுடோ , ப்ளூம்பெர்க் ஸ்பெக்ட்ரம் பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , ஹிட்டாச்சி லிமிடெட் , ஆயுதங்கள் செல்லம் பராமரிப்பு லிமிடெட் , ஒமேகா கடல் , பிராண்டுகள் ஹோல்டிங்ஸ் , நல்ல சிறுவன் , டி லாங்கி ஸ்பா ,