Carlyle to make partial exit with Broadleaf IPO
The Carlyle Group is set to exit the majority of its stake in Broadleaf following the Japanese company's announcement that it would seek to raise up to JPY23.3 billion ($248.37 million) through an IPO.
According to IFR Asia, Carlyle-related funds will offload 16.48 million shares in Broadleaf, which makes software for car maintenance facilities. The sale represents around 85% of Carlyle's current holding...
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