DuPont Set for Coatings Unit Deal This Week: Sources - Reuters
August 29 2012 - 8:27PM
Dow Jones News
DuPont Co. (DD) is close to a deal to sell its
performance-coatings unit to private-equity firm Carlyle Group LP
(CG) as early as this week, Reuters news agency reported on its
website, citing three unnamed sources.
The agreement had been delayed due to complexities in
negotiating a carve-out of the unit, the report cited the sources
as saying.
The Wall Street Journal earlier this month reported that Carlyle
had outbid private-equity rivals for the DuPont unit with a $4.8
billion offer.
DuPont and Carlyle declined comment, the Reuters report
said.
Full Story:
http://www.reuters.com/article/2012/08/29/us-dupont-carlyle-idUSBRE87S1B720120829
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