3G Capital Buys Control of Luxaflex Maker in $7 Billion Deal (1)

Buyout firm 3G Capital has agreed to acquire a controlling stake in Hunter Douglas NV, in a deal that values the maker of Luxaflex blinds at about $7.1 billion.

New York-based 3G Capital will buy a 75% stake in Hunter Douglas for 175 euros ($198) per share, a 73% premium to Thursday’s closing price, the companies said in a statement.

Hunter Douglas shares rose 70% in early Amsterdam trading on Friday.

Ralph Sonnenberg, whose father founded the maker of window coverings more than 100 years ago, and who holds 93.6% of the stock, has agreed to the ...