Blackstone, Kirkbi launch sale of insulation maker Armacell – sources

Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro ($1.43-$1.65 billion) deal, people close to the matter said. Rothschild has been brought in to handle the deal, the people said. Blackstone and Kirkbi, the owner of the Lego toy brand, declined to comment, as did Rothschild. …read more

Source:: Yahoo Finance

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