Ileos, owned by funds managed by Oaktree Capital Management, L.P., and Visant Corporation, controlled by affiliates of KKR and DLJ Merchant Banking (DLJMBP), announced plans to combine subsidiaries Bioplan and Arcade Marketing, resulting in the formation of a new strategic venture. Oaktree would retain a 75% ownership interest and KKR/DLJMBP would retain a 25% ownership interest in the newly combined unit. The proposed combination is based on the complementary aspects of these two business...