CG Mar 2025 40.000 call
- Reuters
Carlyle pushing ahead with sale of Italian fashion brand Twinset, sources say
U.S. private equity firm Carlyle Group is pushing ahead with the sale of Italian fashion brand Twinset, asking potential bidders to submit non-binding offers, two sources close to the matter said on Friday. Carlyle, which picked Rothschild as financial adviser earlier this year, is aiming for a valuation of around 300-350 million euros, one of the sources said. In January newspaper Il Sole 24 Ore reported that the brand was exploring a sale and that it could attract interest from Asian investment groups.
- Reuters
Carlyle, KKR top bidders for Discover's $10 billion US student loan portfolio, FT reports
The two are "working together" for the bid as private investment firms seek to expand their appetite for credit, the newspaper reported. Other PE firms such as Ares, Blackstone, Brookfield, Fortress and Oaktree had also studied bids for the loan portfolio, FT said. Carlyle Group declined to comment on the FT report.
- Zacks
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