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| Name | Symbol | Market | Type |
|---|---|---|---|
| Carlyle Group Inc | NASDAQ:CG | NASDAQ | Trust |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.83 | -8.55% | 40.97 | 40.55 | 41.90 | 42.89 | 40.41 | 41.11 | 6,031,390 | 23:46:08 |
From May 2022 to May 2024
--Buyout firm Carlyle Group Inc. is looking at finding fresh money to back its investment in McDonald's Corp.'s China arm, in a deal that could value the business at up to $10 billion, Bloomberg reports, citing unnamed sources.
--According to Bloomberg, Carlyle, which controls McDonald's China along with private-equity firm Trustar Capital, has been discussing transferring their shareholding into a new investment vehicle.
--With the move, the two firms could trim their stakes in the fast-food giant while still keeping control, give new investors exposure to the business and allow existing ones to exit or roll over their stakes, Bloomberg said.
Full story: bloom.bg/3mLcPCZ
Write to Singapore editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
April 21, 2023 03:40 ET (07:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Carlyle Chart |
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