Philip Morris raised its bid to more than £1 billion in a bidding war for UK inhaler group Vectura
The battle between the owner of Marlboro cigarettes and a private equity group for control of the UK inhaler maker Vectura intensified on Sunday as Philip Morris International raised its bid to more than £1 billion. PMI’s offer of 165p a share came just two days after Carlyle, the US private equity group, raised its […]
Carlyle to Award $2 Million to Staff for Focusing on Diversity
Carlyle Group Inc. is awarding a total of about $2 million to more than 50 executives and other employees globally who are excelling at goals tied to diversity, equity and inclusion. The purpose is to “reward a group of employees who have gone above and beyond,” Sandra Horbach, a Carlyle managing director and co-head of U.S. […]
Carlyle raises $10.4bn in second quarter as pursues largest ever private equity fund
The Carlyle Group took in $10.4bn from investors in the second quarter and nearly doubled its earnings, as it looks to raise what would represent the industry’s biggest ever buyout fund. Carlyle posted robust second quarter distributable earnings growth on Thursday, rising to $395.4m from $198.4m in the same period last year. Assets under management […]
Blackstone, Carlyle, H&F Near $30 Billion Deal for Medline
A consortium of private equity firms is nearing a deal to buy medical supply company Medline Industries Inc. for more than $30 billion, according to people familiar with the matter, in what would be one of the biggest leveraged buyouts of all time. The group, comprising Blackstone Group Inc., Carlyle Group Inc. and Hellman & Friedman, is […]
