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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:04 EDTCGCarlyle Group acquires majority stake in Bonotel Exclusive Travel
Global alternative asset manager The Carlyle Group announced it has acquired a majority stake in Bonotel Exclusive Travel. The transaction closed on Friday; financial terms were not disclosed. Bonotel Exclusive Travel, established in 1991 and headquartered in Las Vegas, NV, is a receptive tour operator specializing in deluxe hotels and resorts, upscale boutique hotels and national park accommodations throughout the United States, Canada and the Caribbean. Receptive tour operators provide tourism products and services to incoming visitors that most often book through international tour operators. The company works with a network of more than 2,200 hotel partners and provides more than 1,500 international tour operators with electronic access to its offerings.
News For CG From The Last 14 Days
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December 22, 2014
07:02 EDTCGCarlyle Group and Warburg Pincus to acquire DBRS
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December 16, 2014
17:37 EDTCGCarlyle Group puts ITS Technologies & Logistics up for sale, WSJ says
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December 15, 2014
10:00 EDTCGOn The Fly: Analyst Initiation Summary
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08:19 EDTCGCarlyle Group initiated with an Equal Weight at Morgan Stanley
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December 9, 2014
06:33 EDTCGCarlyle Group acquires majority stake in Newgen KnowledgeWorks for $32.8M
The Carlyle Group has invested $32.8M to acquire a 54.85% stake in Chennai, India-based Newgen KnowledgeWorks Private Limited, a provider of publishing and technical services for many of the world’s largest and most prestigious publishers, particularly in the USA, the UK and Europe. Equity for the transaction comes from First Carlyle Ventures III, an investment fund advised by The Carlyle Group. Carlyle acquired the stake held by Franklin Templeton Private Equity Strategy, Aureos South Asia Fund and ePlanet Capital in Newgen. Carlyle had earlier invested in Newgen in 2004 and exited its investment in 2011.

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