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Beats gets investment from Carlyle, HTC sells stake
2013-09-27 17:37:00| Telecompaper Headlines
(Telecompaper) Audio brand Beats Electronics has announced that the Carlyle Group has agreed to make a minority investment in the company. Carlyle will work with the Beats management team to continue expanding the brand and building the business both domestically and internationally. Additional terms of the transaction were not disclosed. It is expected to close in Q4 2013. Beats also announced that it has entered into a definitive agreement to reacquire a minority stake in Beats held by HTC. As a result, HTC will no longer have any ownership in Beats. HTC said it sold a 24.84 percent stake in Beats for a total USD 256 million. It also received USD 150 million from beats to pay off a promissory note.
Tags: investment
sells
beats
stake
Carlyle to acquire six natural gas-fired power plants in California, New Jersey
2013-09-13 01:00:00| Power Technology
Alternative asset management company The Carlyle Group will acquire Red Oak natural gas-fired power generation facility in Sayreville, New Jersey and five natural gas-fired power plants in California. These plants have a total combined generation cap
Tags: power
natural
california
jersey
Carlyle, Townsend to invest $200 million in China warehouses
2013-08-29 08:48:19| Food - Topix.net
Pilgrim's Pride Corp , the second largest chicken producer in the world, will invest $25 million to build a new feed mill and renovate its poultry processing plant, both in Alabama, the company said on Wednesday.
Tags: china
million
invest
townsend
PRESS RELEASE: El Ad Group Taps The Agency as New Sales and Marketing Team at The Carlyle Residences in Los Angeles
2013-07-29 15:58:00| National Real Estate Investor
Nancy Raia, Hundred Stories PR El Ad Group announced that The Agency has been named exclusive sales and marketing firm for The Carlyle Residences. read more
Oaktree, Irving Place Capital sell Chesapeake to Carlyle
2013-07-04 02:24:26| Paper - Topix.net
Irving Place Capital and Oaktree Capital Management L.P. have agreed to sell their stakes in British packaging company Chesapeake Corp. to The Carlyle Group L.P. Terms of the deal weren't disclosed, although Carlyle Group said capital for its purchase will come from a 5.3 billion euro, or $6.89 billion, fund that makes mid- and large-cap ... (more)
Tags: place
sell
capital
irving
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