Asian markets headed higher on Wednesday. In Hong Kong, the Hang Seng climbed 1.5% to 12,126 and in China the Shanghai Composite Index advanced 0.6% to 2,821. Japan’s Nikkei 225 Index was virtually unchanged at 10,513.
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Peter Nachtwey, CFO of Carlyle Group, is leaving the private equity company as it plans an IPO.
“Pete decided to pursue a great new opportunity for him, which we understand will be announced soon,” Carlyle spokesman Christopher Ullman said, according…
Three years after it went private in a management buyout, Texas-based Kinder Morgan, which provides transportation and storage for oil and natural gas, has filed for an initial public offering worth as much as $1.5 billion. Is …
Perfume maker Coty Inc agreed to buy Philosophy Inc., a maker of personal care products, for about $1 billion.
Philosophy is currently owned by private equity company Carlyle Group, Reuters said.
Philosophy focuses on skin products, fragrance, bath…
Private equity giant Carlyle Group acquired mobile service provider Syniverse Technologies (SVR) in a $2.6 billion deal late Thursday, its second telecommunications buyout this week. Carlyle acquired communications infrastructu…