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Stock Market & Financial Investment News

News Breaks
December 30, 2012
21:16 EDTDUF, CGCarlyle led Group to purchase Duff & Phelps for approximately $665.5M
Duff & Phelps (DUF) announced that it has entered into a definitive merger agreement under which a consortium comprising controlled affiliates of or funds managed by The Carlyle Group (CG), Stone Point Capital LLC, Pictet & Cie and Edmond de Rothschild Group will acquire the company for $15.55 per share in cash in a transaction valued at approximately $665.5M. The offer represents a 19.2% premium to the closing price of Duff & Phelps shares on December 28, and 27.3% over the company’s volume weighted average share price during the 30 days ended December 28. The transaction is expected to close in the first half of 2013.
News For DUF;CG From The Last 14 Days
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October 7, 2015
12:18 EDTCGCarlyle eyes small acquisitions with Japan buyout fund, Bloomberg says
Carlyle Group plans to use the nearly $1B in its third Japan buyout fund to buy family-owned firms and other mid-cap companies, Bloomberg reports, citing Tamotsu Adachi, the company's managing director and co-representative for Japan. In Tokyo, Carlyle often seeks family-owned companies with enterprise values of below $300M, the report says. Reference Link
September 28, 2015
13:07 EDTCGCarlyle to acquire controlling stake in PA Consulting, FT reports
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