New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 15, 2014
12:05 EDTCGCarlyle offer to acquire Schneider Electric unit accepted
Schneider Electric announced that it has accepted the binding offer from The Carlyle Group (CG) and PAI partners, which was received and announced on April 3, to acquire Custom Sensors & Technologies Inc. based on an enterprise value of $900M. As part of the transaction, Schneider Electric will reinvest approximately $100M alongside Carlyle, PAI and CST management to own a shareholding of about 30% of CST. This offer has been accepted after consultation with the relevant works councils and trade unions, Schneider noted. The transaction is expected to close by the end of the year, subject to various regulatory approvals.
News For CG From The Last 14 Days
Check below for free stories on CG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 27, 2014
06:39 EDTCGCarlyle, Vanke in advanced discussions for mall acquisitions, Reuters says
Subscribe for More Information
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

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use