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Stock Market & Financial Investment News

News Breaks
March 4, 2014
06:57 EDTCGCarlyle Group executives to sell shares, NY Times reports
A number of executives of the private equity firm Carlyle Group are preparing to sell their shares of the company for the first time since it went public two years ago, according to The New York Times. The executives intend to sell a combined 7.5M shares of the company, the newspaper stated, citing a filing divulged yesterday. Reference Link
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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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