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Stock Market & Financial Investment News

News Breaks
December 31, 2012
13:17 EDTDUF, CGDuff & Phelps may draw new competing takeover bid, says MKM Partners
MKM Partners sees a 25% chance that a third party will make a takeover bid for Duff & Phelps (DUF), after the company agreed to be acquired by a consortium led by private equity firm The Carlyle Group (CG) for $15.55 per share. The firm expects Duff & Phelps to trade at or above the $15.55 offer price.
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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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