|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||171.60 - 171.80|
|52-week range||171.60 - 171.80|
|Beta (5Y monthly)||1.14|
|PE ratio (TTM)||15.42|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Buyout firm 3G Capital has agreed to acquire a controlling stake in Hunter Douglas NV, in a deal that values the maker of Luxaflex blinds at about $7.1 billion.Most Read from BloombergBillionaires Are Embracing Crypto in Case Money ‘Goes to Hell’U.K. Plans for Absences; Soccer’s Messi Positive: Virus UpdateU.S. Housing Crisis Only Gets Worse as Population ShrinksKids’ Covid Hospitalizations Hit Record in U.S. Omicron SurgeCases Rise ‘Through the Roof’ as Omicron Sweeps Across U.S.
by Daniel Shvartsman
(Reuters) -Private equity firm 3G Capital sealed its first big deal since 2015 when it agreed to buy a majority stake in Dutch blinds and window shutters maker Hunter Douglas NV at an enterprise value of about $7.1 billion. Best known for its investment in the food and drinks sector through companies such as Kraft Heinz, 3G Capital will pay 175 euros a share to buy a 75% stake in Hunter Douglas, the companies said on Friday. Founded by Henry Sonnenberg in 1919, the Rotterdam-based maker of Luxaflex and Levolor blinds employs 23,000 people worldwide and had sales of $3.5 billion last year.