Carlyle Group LP and Warburg Pincus LLC said they would buy DBRS Ltd, the world’s fourth-largest credit rating agency, in partnership with a consortium of Canadian investors including the firm’s founder.
Reuters reported earlier this month a private equity consortium of Carlyle and Warburg Pincus was in advanced talks to buy Toronto-based DBRS for more than $500 million.
(Reuters) - Telecommunications equipment company CommScope Holding Co Inc set pricing terms for its initial public offering, which could value the company at up to $3.9 billion, about three years after being taken private by Carlyle Group LP in a deal valued at $3.9 billion, including debt. CommScope said it expects the offering of 38.5 million shares to be priced at between $18 and $21 each, raising over $800 million. The company is selling 30.8 million shares in the IPO, with affiliates of Carlyle offering the remaining shares, according to CommScope's regulatory filing on Friday.
MUMBAI: US private equity firm Advent International is in talks with Carlyle Group and three separate healthcare providers to sell its 72 per cent stake in India's CARE Hospitals for $250 million to $300 million, two sources with direct knowledge of the matter said. The talks are also being held with Malaysia's IHH Healthcare Bhd, India's Manipal Hospitals and Fortis Healthcare, the sources added, declining to be identified because the information has not been made public. "The formal process is on.
Canadian oil and gas producer Encana Corporation is in advanced talks to sell its Wyoming natural gas field to private-equity firms Carlyle Group LP and NGP Energy Capital Management LLC for about $2 billion, the Wall Street Journal reported on Sunday, citing unnamed sources.
The company has been looking to sell its holdings in the so-called Jonah field as it shifts its focus away from natural gas to drilling for more valuable oil and natural gas liquids, the report said.