US/CANADA — The private investment arm of Ontario Teachers' Pension Plan (OTPP) and Ares Management are to acquire General Nutrition Centers (GNC) in a deal worth US$1.65bn.
GNC is the largest global specialty retailer of nutritional products, which generated sales of approximately $1.5bn for the 12 months ending September 30, 2006. The GNC deal is the latest in a s...
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