** Sony Pictures Entertainment and private equity firm Apollo Global Management on Wednesday submitted a $26 billion offer for Paramount Global but have yet to receive a response as of Friday, according to a person familiar with the matter. ** L Catterton, a private equity firm backed by French luxury group LVMH , said on Friday it had succeeded in securing enough shares in luxury shoe maker Tod's to take it private in agreement with the Italian group's main shareholder, the Della Valle family.
Lindab has signed an agreement to acquire Airmaster, a leading European company in decentralised ventilation. With the acquisition, Lindab establishes a new product area within the Group, with the ambition that decentralised ventilation will reach sales of SEK 2 billion by 2027.
Lindab acquires Vicon, the leading US manufacturer of rectangular ventilation duct machinery. Lindab is today, through the brands Spiro and Firmac, a leader in machines for the production of ventilation ducts in Europe. The acquisition more than triples Lindab's sales in the US while doubling global sales of machines for duct production.