The investment was made through a combination of capital from the firm’s fourth and fifth credit opportunities funds

European private credit firm Kartesia has acquired cookware business International Cookware Group, the distributor of the iconic Pyrex brand, from Aurora Resurgence, the distressed investment unit of Los Angeles-based Aurora Capital Group.

Financial details were not disclosed, but a person familiar with the transaction said the deal was valued at €60m.

Kartesia acquires Pyrex kitchenware distributor

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One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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