Carlyle, Seven to retain ownership of Australia's Coates Hire
The Carlyle Group and Seven Group Holdings have decided against pursuing an exit from Australian equipment-leasing business Coates Hire following a strategic review. The co-owners said they remain fully committed to growing the business.
Goldman Sachs was appointed last November to assess sale options, with China International Capital Corp. and Nomura assisting in China and Japan, respectively. This came after plans for an A$800 million...
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