Deals
Carlyle Is Said to Seek Up to $762.5 Million in Initial Offering
This article is for subscribers only.
Carlyle Group LP, the Washington-based private-equity firm, is seeking to raise as much as $762.5 million in its initial public offering, according to a person with knowledge of the matter.
About 30.5 million shares will be offered at $23 to $25 each, said the person, who declined to be identified because Carlyle has yet to release terms of the IPO. The company plans to file an updated prospectus as soon as today, the person said. The firm has already said the stock will list on the Nasdaq Stock Market under the symbol CG.