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Teachers’ shows hunger as single investorThe principal investment arm of the Canadian pension fund has announced the $840m acquisition of pet food manufacturer Doane Pet Care from a group of private equity firms including JP Morgan and DLJ.
- Ares, Teachers leap on mattress giant
Toronto’s Teachers’ Private Capital and Los Angeles’ Ares Management have agreed to acquire a majority stake in National Bedding, the major manufacturer of Serta mattresses, the third largest mattress brand in the US.