Business briefs
Bed exclusive
Advent International has agreed to acquire a majority stake in AOT Bedding Super Holdings, the parent company of Serta mattress maker National Bedding and Simmons Bedding, the buyout firm said, confirming Friday’s exclusive on nypost.com. The value was not disclosed, but a source with knowledge of the matter said the transaction valued AOT at about $3 billion, including debt.
Silver moan
The Commodity Futures Trading Commission has not struck gold, or silver, in its four-year investigation of alleged silver market manipulation. It looks “increasingly likely” the case will be dropped, the FT.com reports, citing sources.
Greece talks
Greece and its international creditors agreed on the need to strengthen policy efforts to support the economy and comply with its bailout terms after more than a week of meetings.
Buyout bye
Beantown buyout pioneer Kevin Landry is retiring after 45 years at TA Associates, the Boston Globe reported yesterday.

