C-Suite Advisory

Blackstone Group LP in Talks to Buy MatlinPatterson’s Polymer Group Inc.

Private-equity firm Blackstone Group LP (BX) is in exclusive, early-stage talks to buy chemical company MatlinPatterson's Polymer Group Inc. (POLGA). Polymer is majority-owned by MatlinPatterson Global Advisors, a New York-based investment firm. MatlinPatterson has been trying to sell Polymer, in which it the largest shareholder, for months. MatlinPatterson Global Advisers...
C-Suite Advisory

Solexant raises $42 million in venture capital- Olympus Capital Partners

Solexant Corp., developer of third-generation ultrathin-film PV technology, raised $41.5 million in venture financing. Olympus Capital Partners led the round of financing, which included DBL Investors and Birchmere Ventures. Existing investors include Trident Capital, Firelake Capital, Medley Partners and X/Seed. Olympus is the lead investor in this new round of...
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