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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.
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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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