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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.

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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

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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

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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)

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