|November 30, 2012|
|17:35 EDT||CG||Carlyle Group acquisition of TCW not likely to be blocked, judge says|
This is being reported by Bloomberg.
News For CG From The Last 14 Days
Check below for free stories on CG the last two weeks.
|December 6, 2013|
|17:46 EDT||CG||Carlyle Group preps IPO of chemical company PQ, Reuters says|
Carlyle Group is preparing to sell PQ Corp, a chemical company the firm bought in 2007 for $1.5B, in an initial public offering that could value PQ at up to $3B, reports Reuters, citing people familiar with the matter. Reference Link
|December 4, 2013|
|13:51 EDT||CG||Carlyle hires Morgan Stanley, UBS to run Applus+ IPO, Reuters reports|
Carlyle Group (CG) has hired Morgan Stanley (MS) and UBS (UBS) to oversee an IPO of industrial testing firm Applus+, Reuters reports. A source says Carlyle, which acquired Applus+ in 2007, plans to float the company next year. Reference Link
|November 26, 2013|
|07:02 EDT||CG||Carlyle Group to acquire Diversified Global Asset Management|
Carlyle Group announced that it has agreed to acquire Diversified Global Asset Management, a global manager of hedge funds with more than $6.7B in managed and advised assets. Equity for the transaction will come from Carlyle’s balance sheet. The transaction is expected to close in February 2014. DGAM will become Carlyle’s fund of hedge funds platform, and George Main and Warren Wright will continue in their roles as CEO and CIO, respectively, managing investments and the day-to-day operations of DGAM.
|November 25, 2013|
|18:23 EDT||CG||ITW's industrial packaging unit gets private equity bids, Reuters says|
At least six major private equity groups including, Carlyle Group (CG), Blackstone Group LP (BX), Apollo Global Management (APO), Bain Capital, Ares Management and a consortium of Onex Corp and the Canada Pension Plan Investment Board are competing to buy the industrial packaging segment of Illinois Tool Works (ITW), in a deal that may be worth more than $3B, says Reuters. Reference Link
|07:05 EDT||CG||Carlyle Group closes Carlyle Partners VI at $13B|
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|November 22, 2013|
|07:48 EDT||CG||J&J picks Carlyle, Danaher group as diagnostics bidders, Reuters says|
Johnson & Johnson (JNJ) has selected a consortium of Danaher (DHR) and Blackstone Group (BX) and Carlyle Group (CG) to advance to the final stage of negotiations for Ortho Clinical Diagnostics, said Reuters yesterday, citing people familiar with the matter. These bidders appear willing to pay the most, the sources told Reuters, adding that a deal may now value the unit closer to $4B, which is less than the $5B J&J initially sought. Reference Link