Wesco, Anixter Merger Creates $17 Billion Distributor
Wesco acquires Anixter for $4.5 billion, beating out private equity firm CD&R in a bidding war for the data communications, security, wire & cable distributor.
Anixter Buyout Bidding War: Wesco, CB&R Battle for Distributor
Anixter buyout bidding war: Private equity firm Clayton, Dubilier & Rice (CD&R) vs. distributor Wesco. Timeline & acquisition bids for Anixter distribution business. Wesco has highest bid as of January 9.