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.