Reuters: Private Equity: Carlyle to sell 10 pct stake in IPO -source

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Carlyle to sell 10 pct stake in IPO -source Apr 10th 2012, 23:03 NEW YORK, April 10 | Tue Apr 10, 2012 7:03pm EDT NEW YORK, April 10 (Reuters) - Carlyle Group LP, the private equity firm with $147 billion in assets under management, is planning to sell a 10 percent stake in its upcoming initial public offering, a source familiar with the matter said on Tuesday. The firm, which is set to start road shows for its IPO shortly, first hinted at the size of the sale in a regulatory filing earlier this month. It is looking for a valuation of between $7.5 billion and $8 billion, the source said. A Carlyle spokesman declined to comment.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions