Linklaters is advising Japanese housing and building materials company Lixil Corp. and the Development Bank of Japan on their proposed $4.1 billion acquisition of German bathroom fixture maker Grohe Group.
The buyers will purchase 87.5 percent of Grohe from private equity firms TPG Capital and DLJ Merchant Banking Partners, an affiliate of Credit Suisse Group AG. Lixil and the Development Bank will control Grohe through a 50-50 joint venture.
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