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Carlyle Group LP (CG.O)

CG.O on Nasdaq

15.80USD
29 Mar 2017
Change (% chg)

$-0.10 (-0.63%)
Prev Close
$15.90
Open
$15.85
Day's High
$15.90
Day's Low
$15.75
Volume
160,587
Avg. Vol
797,364
52-wk High
$17.97
52-wk Low
$14.35

Latest Key Developments (Source: Significant Developments)

Credit Suisse prices Applus+ at 7.85 euros per share
Thursday, 9 Jun 2016 01:33pm EDT 

Applus Services SA : Credit Suisse says prices share placement in Spanish testing and certification company Applus+ at 7.85 euros per share, a discount of around 2 percent to Thursday's closing price, to raise a total of 142.6 million euros ($161.4 million). . The investment bank earlier said it was placing 18 million shares on behalf of Carlyle investment vehicle Azul Holding, around 14 percent of the company's share capital. . Azul Holding will have no shares in the company following the placement, the bank said. Further company coverage: [APPS.MC] ($1 = 0.8837 euros) (Reporting By Sonya Dowsett; editing by Rodrigo de Miguel) ((sonya.dowsett@thomsonreuters.com;)).  Full Article

Carlyle group names John Redett and Brian Schreiber co-heads of financial services team
Thursday, 2 Jun 2016 08:54am EDT 

Carlyle Group Lp :Heads of financial services team.  Full Article

Axalta says Carlyle Group affiliates to sell 25 mln common shares
Tuesday, 24 May 2016 04:32pm EDT 

Axalta Coating Systems Ltd : Following offering, Carlyle will continue to own 44.8 million shares, or about 18.8%, of Axalta's outstanding common shares .Axalta announces sale of 25,000,000 common shares by affiliates of the Carlyle Group.  Full Article

Booz Allen says Carlyle Group affiliate to sell 13 mln shares
Monday, 23 May 2016 04:21pm EDT 

Booz Allen Hamilton Holding Corp : Announced sale of an aggregate of 13 million shares of class a common stock by an affiliate of Carlyle Group ( . Upon completion of offering, Carlyle will own approximately 11.3% of outstanding common stock of Booz Allen .Booz Allen Hamilton announces secondary offering by affiliate of the Carlyle Group.  Full Article

The Carlyle Group Announces New Leadership Roles
Friday, 20 May 2016 05:30pm EDT 

Carlyle Group Lp : Kewsong Lee Will Now Also Supervise The Global Market Strategies Segment . Managing Director Mitch Petrick Will Step Down From Position And Become A Senior Advisor To The Firm . Kewsong Lee Is Currently Deputy Chief Investment Officer For Corporate Private Equity . Petrick Intends To Form His Own Investment Management Company Source (http://bit.ly/1TLN9Kw) Further company coverage: [CG.O] ((Bengaluru Newsroom; +1 646 223 8780;)).  Full Article

Carlyle Group LP announces $200 mln unit repurchase plan, declares quarterly distribution
Wednesday, 10 Feb 2016 06:30am EST 

Carlyle Group LP:Says announcement of a $200 million unit repurchase program.Says board of directors of carlyle's general partner has declared a quarterly distribution of $0.29 per common unit.  Full Article

Symantec Corp and Carlyle Group amend terms of veritas purchase agreement
Tuesday, 19 Jan 2016 05:52pm EST 

Symantec Corp and Carlyle Group:Amend terms of veritas purchase agreement.Under the amended terms, the purchase price will be $7.4 billion.Says upon closing of the transaction, Symantec expects to receive approximately $5.3 billion in after-tax cash proceeds.Symantec,carlyle also agreed to increase the amount of offshore cash remaining in veritas from $200 million to $400 million.Consideration will consist of $6.6 billion in cash and a $400 million equity interest in veritas.Symantec and Carlyle entered into the amended terms after uncertainties developed regarding the transaction.Says intend to close the transaction on January 29, 2016.  Full Article

Symantec Corp and The Carlyle Group plan to close acquisition of Veritas January 29, 2016
Monday, 21 Dec 2015 04:05pm EST 

Symantec Corp and The Carlyle Group:Expect to close Carlyle's acquisition of Veritas on January 29, 2016, subject to the satisfaction of customary closing conditions.The closing was previously expected to take place on January 1, 2016.  Full Article

Carlyle Group LP - DBRS settles U.S. SEC charges over mortgage ratings oversight - Reuters
Monday, 26 Oct 2015 12:40pm EDT 

Carlyle Group LP:Credit rating agency DBRS Inc will pay $5.81 million to settle U.S. Securities and Exchange Commission charges that after the financial crisis, it failed to monitor the accuracy of its mortgage securities ratings as it had promised, the regulator said on Monday - RTRS.According to the SEC, DBRS from 2009 to 2011 misrepresented that it would conduct monthly reviews of all its ratings on U.S. residential mortgage-backed securities and re-securitized real estate mortgage investment conduits, including quantitative analyses and reviews by a surveillance committee.The SEC said New York-based DBRS lacked the staffing and technology to adhere to the surveillance methodology it published in April 2009, and that the committee reviewed only a "limited" number of the ratings - RTRS.Investors, politicians and regulators have pushed rating agencies to tighten oversight, after faulting them for fueling the financial crisis by inflating ratings or failing to downgrade risky or illiquid securities fast enough - RTRS.Without admitting or denying wrongdoing, DBRS agreed in the settlement to pay a $2.925 mln civil fine, give up $2.742 mln of rating surveillance fees from 2009 to 2011, and pay $147,482 in interest - RTRS.It also agreed to be censured and hire an independent consultant to improve its internal controls - RTRS.  Full Article

Carlyle Group LP fires Indonesia dealmaker charged in Singapore insider trading -source - Reuters
Tuesday, 13 Oct 2015 08:00pm EDT 

Carlyle Group LP:Carlyle Group LP fired its top dealmaker in Indonesia after the banker was fined by Singapore's financial regulator in an insider trading case, a source with direct knowledge of the decision told Reuters on Thursday - Reuters.Jakarta-based Vincent Rajiv Louis, who joined Carlyle as Indonesia head in May 2013, was sacked on Wednesday after the private equity firm learned of the charges in Singapore, said the source, who declined to be named because the decision remained confidential - Reuters.A Carlyle spokeswoman in Hong Kong declined to comment. Rajiv did not respond to repeated calls and emails by Reuters for comment on Thursday, a day after he said that he still worked for Carlyle Group - Reuters.The Monetary Authority of Singapore (MAS) said in a statement on Wednesday it fined Rajiv, a former Indonesia investment banking head of UBS, S$434,912 ($313,857) in the 2012 insider trading case - Reuters.The MAS said Rajiv bought 1 mln PT Bank Danamon shares in March 2012 through his wife's bank account in Singapore after he possessed price-sensitive and non-public information on a proposed acquisition of Danamon by Singapore's DBS Bank - Reuters.DBS announced the proposed acquisition in April 2012 and MAS said Rajiv made a profit of S$173,965 from his insider trades when he was with UBS. Due to regulatory issues, DBS subsequently pulled the plug on the Danamon deal - Reuters.  Full Article

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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.