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Stock Market & Financial Investment News

News Breaks
February 26, 2013
12:45 EDTFMCN, CGFocus Media sued by investor on buyout plan, Bloomberg says
Focus Media Holding (FMCN) is being sued by a U.S. pension fund seeking to stop the Carlyle Group (CG) led buyout, says Bloomberg. 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

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