Mubadala buys Carlyle stake
Published September 22nd, 2007
The Carlyle Group is to sell off a 7.5% stake to an affiliate of Abu Dhabi's Mubadala Development Company for more than $1.3bn in cash. The minority investment includes no associated voting rights and is subject to value-related protective rights. Mubadala ha also committed $500m to an investment fund managed by Carlyle; the transaction is expected to close in October. [AMEInfo.com]
Related Articles
Related Articles
