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Who knew there was so much money in fish feed? Altor Equity Partners and Bain Capital have agreed to buy EWOS, the fish feed operations of Norway’s CermaqCEQ.OS -0.91%, in a deal valuing the business at 6.5 billion Norwegian kroner ($1.08 billion), Amy Or reports. Altor and Bain said they believe the company has “further potential to grow” through international expansion, research and development, and developing higher quality feed, which leads us to wonder: If you feed Goldfish crackers to a goldfish, is that a form of cannibalism?
Global Infrastructure Partners is looking to power down in Texas. The firm is in the process of selling its Channelview Cogeneration facility in Texas, with Credit Suisse GroupCSGN.VX -2.26% arranging the sale, Jonathan Shieber reports.