Private equity firm Carlyle files for $100-million IPO
Tue, 09/06/2011 - 12:51 EDT - LA Times
WASHINGTON — Carlyle Group is planning to raise $100 million through an initial public offering. The private equity firm is going public even as fears about the global economy have punished stock markets. Many companies canceled their IPOs in August.
AP - Carlyle Group is planning to raise $100 million through an initial public offering. The private equity firm is going public even as fears about the global economy have punished stock markets. Many companies canceled their IPOs in August.
By Renaissance Capital IPO Research:
The Carlyle Group, one of the world's largest and most diversified alternative asset management firms, filed on Tuesday with the SEC to register for an initial public offering.
The Carlyle Group, a leading global asset manager that oversees more than $150 billion in assets, announced plans on Tuesday for an initial public offering (IPO) on the stock market.The Washington-based firm set a tentative target to raise $100 million from the share offering in its registration statement with the US Securities and Exchange Commission.
Sleep Country Canada Holdings Inc., the nation’s largest mattress retailer, is seeking to raise about $250 million in what would be Canada’s largest initial public offering in eight months, according to people familiar with the sale.
Toronto-Dominion Bank and Bank of Montreal are leading the IPO of Toronto-based Sleep Country, which has 215 stores, including 47 in Quebec under the Dormez-vous? brand, according to a June 5 regulatory filing. Sleep Country declined to comment.
MUMBAI: After investing $1.1 billion in IT services firm Mphasis a fortnight back, Blackstone, the world's biggest private equity fund, is gearing up for a multi-bagger exit by selling shares in one of its portfolio companies. Sonalika International Tractors Ltd, backed by the New York-headquartered investment firm, is looking to raise as much as Rs 2,000 crore through an Initial Public Offering (IPO). Blackstone has roped in four investment banks, including Goldman Sachs Inc, to help them with the listing, multiple sources with direct knowledge of the matter told ET.
New York (AFP) - GoDaddy, which has built its reputation trying to make Web hosting sexy, storms into Wall Street with a stock offering Wednesday aiming to revive the public markets' appetite for technology.
NEW YORK (Reuters) - Carlyle Group LP plans to price its IPO between $22 and $23 per unit, lower than its initial $23-$25 range, a source familiar with the matter said on Wednesday, as the private equity firm courts stock market investors. The book has closed and orders have been received within the new price range for more than the 30.5 million shares on offer, the source said. Pricing of the initial public offering is expected after the market close on Wednesday, with trading starting on Thursday on Nasdaq, under the ticker symbol "CG" . A Carlyle spokesman declined to comment. ...
NEW YORK (Reuters) - Private equity firm Carlyle Group LP is seeking to raise between $701.5 million and $762.5 million by selling about 11 percent of itself in its initial public offering (IPO) in early May, a person familiar with the matter said on Sunday. Carlyle is expected to file an IPO registration document on Monday stating it is looking to sell 30.5 million units at between $23 and $25 per unit, the source said. The greenshoe option includes 4.5 million more units, the source added. Carlyle declined to comment. (Reporting by Greg Roumeliotis; Editing by Richard Pullin)
By Streetwise Blog:
By Tim Kiladze
There are some people who believe that Carlyle Group LP’s initial public offering is a sign that the company believes the market will stay strong and that the company's recent profitability will only skyrocket in the next few years.