'Carlyle Explores €3 Billion Sale Of Dutch Salt And Chemicals Producer Nobian; U.S. Buyout Group Has Held Talks With Investment Banks As It Prepares For Potential Sale Process Expected To Start Next Year' - Financial Times
Portfolio Pulse from Benzinga Newsdesk
Carlyle Group is exploring a €3 billion sale of Dutch salt and chemicals producer Nobian. The sale process is expected to start next year. Nobian, co-owned by Carlyle and GIC, produces high-purity salt and specialty chemicals for various applications, including clean energy solutions. Carlyle has a history of investing in energy-intensive businesses and aims to decarbonize its portfolio companies.
August 12, 2024 | 4:54 pm
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Carlyle Group is exploring a €3 billion sale of Nobian, a Dutch salt and chemicals producer. The sale process is expected to start next year. Nobian produces high-purity salt and specialty chemicals for various applications, including clean energy solutions.
The potential sale of Nobian could positively impact Carlyle Group's stock as it may unlock significant value. Nobian's focus on clean energy solutions aligns with Carlyle's decarbonization strategy, potentially making it an attractive asset for buyers.
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