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Carlyle Group LP (CG.O)

CG.O on Nasdaq

15.80USD
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Shell sells Gabon onshore assets for $587 mln
Friday, 24 Mar 2017 05:12am EDT 

Shell : Shell divests Gabon onshore interests . Reached agreement with Assala Energy Holdings Ltd a portfolio company of Carlyle Group to sell 100 percent of its Gabon onshore interests for $587 million . Purchaser will make additional payments up to a maximum of $150 million depending on production performance and commodity prices . Purchaser will also assume debt of $285 million as part of transaction . Transaction will result in an impairment charge of $53 million post tax which will be taken in Q1 2017 . Sale & purchase agreement is subject to certain conditions which include various approvals, closing is expected in mid-2017 . As a result of sale some 430 local Shell employees will become part of assala energy at completion Further company coverage: [RDSa.L] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Carlyle Group acquires significant minority stake in India's Delhivery
Friday, 24 Mar 2017 12:50am EDT 

Carlyle Group LP : Carlyle Group acquires significant minority stake in Delhivery . Says equity for transaction came from Carlyle Asia Partners IV . Says combined investment is more than US$100 million .Says Tiger Global, one of the existing investors of delhivery, also invested additional capital.  Full Article

Carlyle Group reports Q4 loss per share $0.16
Wednesday, 8 Feb 2017 06:30am EST 

Carlyle Group Lp : The Carlyle Group announces fourth quarter and full year 2016 financial results . Q4 loss per share $0.16 . Q4 earnings per share view $0.41 -- Thomson Reuters I/B/E/S . Carlyle Group Lp - "Disappointed with losses in our hedge fund business" in 2016 . Carlyle Group Lp - "Focused on raising $100 billion in new capital over several years" . Carlyle Group Lp- Distributable earnings of $7 million on a pre-tax basis for Q4 2016 . Carlyle Group Lp - Qtrly revenue $436 million versus $491 million . Q4 revenue view $545.1 million -- Thomson Reuters I/B/E/S . Carlyle Group Lp- Distributable earnings per common unit of $0.00 in Q4 2016, on a post-tax basis . Carlyle Group Lp - Quarter-end AUM was $157.6 billion versus $182.6 billion last year . Carlyle Group Lp- Q4 economic net income of $6 million on a pre-tax basis .Carlyle Group Lp - $3.5 billion in gross new capital raised and $2.7 billion raised on a net basis after redemptions in Q4 2016.  Full Article

Carlyle said close to deal for Italy's Golden Goose Brand - Bloomberg
Thursday, 2 Feb 2017 09:12am EST 

: Carlyle said close to deal for Italy's Golden Goose Brand - Bloomberg, citing sources . Carlyle-Golden Goose Brand deal values the sneaker maker at about $432 million - Bloomberg, citing sources .Carlyle-Golden Goose Brand deal acquisition could be finalized as soon as this week - Bloomberg, citing sources.  Full Article

Citic-Carlyle consortium nearing a deal to buy Mcdonald's China, Hong Kong stores - source
Thursday, 1 Dec 2016 07:50am EST 

: Citic-Carlyle consortium nearing a deal to buy Mcdonald's China, Hong Kong stores - source ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Citic and Carlyle team take pole position for Mcdonald’s China - FT, citing sources
Thursday, 1 Dec 2016 06:40am EST 

: Citic and Carlyle team take pole position for Mcdonald’s China - FT, citing sources . Team led by Chinese conglomerate Citic Group Corp and U.S.-based private equity house Carlyle has emerged as final global group seeking to buy Mcdonald’s China franchise - FT citing sources . Mcdonald’s China franchise deal could fetch between $2billion-$3billion - FT citing sources . TPG Capital and Bain Capital have dropped out of the process of bidding for Mcdonald's China franchise - FT, citing sources Source : http://on.ft.com/2fImVAv ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

The carlyle reports Q3 loss per share of $0.02
Wednesday, 26 Oct 2016 06:30am EDT 

Carlyle Group Lp : The Carlyle Group announces third quarter 2016 financial results . Q3 loss per share $0.02 . Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . "we are also at beginning of what should be a significant, multi-year fundraising cycle for firm" . Carlyle Group - $3.2 billion in gross new capital raised and $1.8 billion raised on a net basis after redemptions in Q3 2016 . Carlyle Group says $228 million of distributable earnings on a pre-tax basis for Q3 2016 . During Q3 2016, Carlyle generated $1.8 billion of net funds raised . Carlyle generated 3 pct portfolio appreciation across carry fund platform in the quarter . Carlyle Group - economic net income of $54 million on a pre-tax basis and $0.21 per adjusted unit on a post-tax basis in Q3 2016 . Carlyle group says distributable earnings of $0.66 per common unit on a post-tax basis in Q3 2016 . Qtrly total revenue $607.3 million versus $297.5 million . Q3 revenue view $506.2 million -- Thomson Reuters I/B/E/S .Carlyle Group says total assets under management of $169.1 billion as of Q3 2016.  Full Article

Eastern Property Holdings buys 94% of CityGate complex in Stuttgart
Monday, 8 Aug 2016 12:00am EDT 

Eastern Property Holdings Ltd :Announces acquisition of 94 percent of office and retail complex CityGate in Stuttgart, Germany from Carlyle Group.  Full Article

Motoring group AA to sell Irish business to Carlyle fund
Thursday, 30 Jun 2016 02:00am EDT 

AA Plc : To sell Irish business and operations to Carlyle Cardinal Ireland Fund, L.P. (CCI) and Carlyle Global Financial Services Partners Ii, L.P. . Deal for a cash consideration payable at completion of eur 156.6m . AA intends to use net cash proceeds for partial repayment of its debt . Will enter into a long term ongoing services agreement which will preserve current trading arrangements between AA and AA Ireland .Dean Street Advisers acted as advisers to aa on transaction.  Full Article

Fort Dearborn has attracted private-equity interest from Carlyle Group LP and CCMP Capital Advisors in its auction process - Bloomberg,citing sources
Wednesday, 22 Jun 2016 11:57am EDT 

: Fort Dearborn has attracted private-equity interest from Carlyle Group LP and CCMP Capital Advisors in its auction process - Bloomberg,citing sources .Fort Dearborn Co, maker of food labels for companies including Del Monte Pacific, could be valued at around $800 million- Bloomberg,citing sources.  Full Article

More From Around the Web

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Carlyle extends private equity oil rush with $587 million Shell deal

LONDON Carlyle Group has bought Royal Dutch Shell's onshore oil fields in Gabon for $587 million, continuing the growing trend of private equity investors looking to squeeze extra profit from oil majors' unloved assets.