Carlyle Group Mulls $10B Sale Of StandardAero, Sources Say
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group is considering the sale of StandardAero, an aviation service company, with the potential deal valued at around $10 billion, according to sources cited by Reuters.
April 04, 2024 | 2:49 pm
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Carlyle Group is contemplating the sale of StandardAero for about $10 billion, as reported by Reuters.
The potential sale of StandardAero by Carlyle Group could lead to a positive short-term impact on CG's stock price. Such a significant transaction indicates a strategic move that could unlock value for Carlyle Group, making it an attractive point for investors. The high valuation of the deal suggests a positive outlook on StandardAero's business and, by extension, Carlyle's investment acumen. However, the final impact would depend on the use of proceeds from the sale and investor perception of Carlyle's future growth strategy.
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