CG Jun 2024 50.000 put
- Reuters
Carlyle to launch sale process for Italy's Forgital after summer - sources
MILAN (Reuters) -Private equity firm Carlyle is planning to launch after the summer a sale process for Forgital, an Italian manufacturer of forged components mainly for the aerospace sector, two sources close to the matter said on Friday. Carlyle, which is working with JP Morgan on the sale, is aiming to get an enterprise value of roughly 2.5 billion euros ($2.7 billion) for Forgital, which is expected to report a core profit of around 135 million euros this year, one of the sources added. Carlyle and JPMorgan declined to comment.
- Reuters
Carlyle Group exits Brazil's Rede D'Or -reports
SAO PAULO (Reuters) -Private equity firm Carlyle Group has sold all of its minority stake in Brazilian hospital chain Rede D'Or, local outlets Brazil Journal and Valor Economico reported on Wednesday. Carlyle initially intended to sell about half of its stake in a block trade, but later it raised the deal to about 2.2 billion reais ($426.9 million) due to a strong demand, according to the reports. Rede D'Or declined to comment.
- Reuters
Carlyle Group raises $2.8 billion in largest Japan-focused buyout fund
HONG KONG (Reuters) -U.S. investment giant Carlyle group said on Tuesday it had raised 430 billion yen ($2.8 billion) for its fifth Japan buyout fund, its largest investment vehicle for Japan. Strong demand and backing from domestic and global investors helped it raise nearly 70% more than its previous fund, Carlyle said in a statement. Carlyle started fundraising less than a year ago and the final size exceeded the planned ceiling of 400 billion yen taking into account commitments from the firm and its affiliates, said Kazuhiro Yamada, co-head of Carlyle Japan.
