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Carlyle Completes Buyout Of Societe Generale's TCW-Reuters


Wednesday, 6 Feb 2013 12:48pm EST 

Reuters reported that Private-equity group Carlyle has completed a deal to buy Societe Generale SA's Los Angeles based asset-management arm, TCW, alongside the unit's management. No financial terms were disclosed in Carlyle and TCW's joint statement released on February 6, 2013. According to a source familiar with the matter told Reuters late last year that the deal could value TCW at about $700 million. 

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