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Stock Market & Financial Investment News

News Breaks
January 23, 2014
10:01 EDTCGCarlyle Group, Investec Asset Management invest in J&J Africa
The Carlyle Group and Investec Asset Management announced that they have agreed to invest in J&J Africa, a pan-African logistics company specializing in the road transportation of general cargo along the Beira corridor, one of Southern Africa’s key trade routes. Financial terms were not disclosed. The transaction is expected to close in 1Q14.
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August 14, 2014
06:40 EDTCGCarlyle hires firms for Axalta IPO, Reuters says
Carlyle Group (CG) gave Citigroup (C) and Goldman Sachs (GS) leading positions in the possible IPO of Axalta Coating Systems just eighteen months after it acquired the firm from DuPont (DD) for $4.9B, according to Reuters, citing people familiar with the matter. One of the sources said that the IPO could bring in nearly $1B. Reference Link
August 8, 2014
07:18 EDTCGCarlyle divides PQ to reignite interest in firm, Reuters says
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