Woolworths rallies 3.5% on news of an approach by The Carlyle Group and Blackstone.
Blackstone, The Carlyle Group may have approached retailer on a potential $30bn takeover.
Ten years after Symantec paid $13.5bn for Veritas, Carlyle Group agreed in August to buy the data-storage business for just $8 billion (the biggest LBO of the year). Of course, the buyout deal made sense when the cost of funding wasShow More Summary
The company's revenues contracted across the board due to ongoing transitions including the sale of the information management business to the Carlyle Group, which is scheduled to be completed by January 1. Additionally, the exit from...Show More Summary
The company had announced the sale of the business to the Carlyle Group in a transaction that is expected to close by calendar year-end. Therefore, Symantec's management was likely to have been preoccupied with the Veritas separation process in the second quarter. Show More Summary
Private equity firms just wrapped up a pretty rough third quarter. Blackstone, KKR and The Carlyle Group reported disappointing results, each posting losses in their earnings reports. Blackstone reported a loss of $0.40 per share, while...Show More Summary
Kroton Educacional has agreed to sell its learning unit Uniasselvi to the Carlyle Group and the Brazilian investment firm Vinci Partners for $284.6 million.
SINGAPORE/HONG KONG (Reuters) - Private equity firm Carlyle Group LP fired its top dealmaker in Indonesia after the banker was fined by Singapore's financial regulator in an insider trading case, a source with direct knowledge of the decision told Reuters on Thursday. Show More Summary
Investment houses The Carlyle Group and Pictet Group announced a new unit Thursday that will offer loans against borrowers' fine art as collateral. The US and Swiss companies said their new Athena Art Finance Corp. will begin offering loans against works of art in the upcoming auction and art-fair season. Show More Summary
The British aircraft support services provider has agreed to acquire Landmark from the private equity giant the Carlyle Group.
(Reuters) - British aircraft services provider BBA Aviation Plc said it has proposed to acquire Landmark Aviation [LNDAV.UL], owned by private equity firm Carlyle Group LP, for $2.065 billion, to increase its exposure in the aviation market in North America. Show More Summary
SouFun Holdings Limited has entered into an agreement to raise between $400 million and $700 million from IDG Capital Partners, the Carlyle Group the management (mainly founder and CEO Vincent Mo).
SINGAPORE (Reuters) - Carlyle Group's nominee on the board of China Fishery Group has stepped down, a few months after the U.S. private equity firm declined to take part in the Singapore-listed company's rights issue. Patrick Siewert resigned as a non-executive director from August 29, China Fishery said on Monday. Show More Summary
By Mike Stone (Reuters) - Carlyle Group LP has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, according to people familiar with the matter. The business jet market isShow More Summary
David Rubenstein will not be joining your Chinese economy support group.
One of private-equity giant Carlyle Group (CG) portfolio companies is in a heap of trouble. Bloomberg’s Laura J. Keller was out with a report on Tuesday that Sequa, which repair and make spare jet engine parts, used most of its available cash in the second quarter. That sent the companies bond prices for the company […]
Claren Road Asset Management, the long-short credit hedge fund backed by private equity giant Carlyle Group, was turning money away a year ago. Now its assets under management are plummeting. Bloomberg News' Simone Foxman and Saijel Kishan report that investors asked to pull $1.97 billion from the fund in the last round redemption round. Show More Summary
The hedge fund, which is majority owned by Carlyle Group, is talking to investors to assess what to do next.
US global asset management firm The Carlyle Group and Singapore's GIC, one of the world's largest sovereign wealth funds, to take the data management business off Symantec's hands.
Symantec agreed to sell its Veritas data-storage and recovery business to investors led by Carlyle Group so it can focus on growing its security business.