Advertisement
UK markets open in 9 minutes

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,801.01
    +289.32 (+1.75%)
     

  • CRUDE OIL

    83.02
    +0.17 (+0.21%)
     

  • GOLD FUTURES

    2,315.60
    -30.80 (-1.31%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • Bitcoin GBP

    53,929.60
    +133.37 (+0.25%)
     

  • CMC Crypto 200

    1,401.68
    -13.08 (-0.92%)
     

  • NASDAQ Composite

    15,451.31
    +169.30 (+1.11%)
     

  • UK FTSE All Share

    4,362.60
    +66.19 (+1.54%)
     
Stock:

Trending tickers

Tesla, Nvidia, Tencent, Fresnillo

Carlyle agrees to buy Swiss industrial software firm AutoForm

Reuters
Updated
FILE PHOTO: A general view of the lobby outside the Carlyle Group offices in Washington

LONDON (Reuters) - U.S. buyout fund Carlyle said on Wednesday it had agreed to acquire Swiss industrial software firm AutoForm AG from private equity firm Astorg for an undisclosed amount.

AutoForm, founded in 1995, provides engineering software for sheet metal forming simulation, primarily used in the automotive industry.

Carlyle was advised by Rothschild and law firms Linklaters, Lenz & Staehelin and Latham & Watkins, while Astorg was represented by Evercore, Jefferies and law firm Paul Hastings.

(Reporting by Pamela Barbaglia; Editing by Jan Harvey)