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Carlyle Nears $1 Billion Sale of Tech Services Firm HSO to Bain
Carlyle Group Inc. is close to selling HSO to Bain Capital in a deal valuing the Dutch technology services company at about $1 billion, according to people with knowledge of the matter. The buyout firms are hammering out the terms of a transaction, which could be announced as soon as Wednesday, the people said, asking not to be identified discussing confidential information. HSO's management will re-invest in the business through the transaction, the people said. Representatives for Bain and Carlyle declined to comment.


Bloomberg
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Carlyle-Backed Orion Breweries Said to Plan Tokyo IPO Next Month
Japanese beer maker Orion Breweries Ltd. is planning its listing in Tokyo as early as next month, according to people familiar with the matter, six years after Carlyle Group Inc. and Nomura Holdings Inc. bought the company. The brewery has hired Nomura's securities unit, SMBC Nikko Securities Inc. and Mizuho Financial Group Inc. as underwriters to its initial public offering, the people said, who declined to be named discussing private information. Orion, based in Japan's southern islands of Okinawa, plans to unveil details such as listing date and offering size as soon as next week, they said.

Wall Street Journal
6 days ago
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Exits Lift Carlyle in Second Quarter as Firm Sees Better Market Conditions
Carlyle Group is defying the recent slowdown in private-equity exits, and firm executives say the market for selling assets is finally getting better. The private-equity firm's second-quarter profit beat analysts' expectations Wednesday, sending its shares up nearly 4% midafternoon.