The Carlyle Group buys DuPont in cash

摘要

Global alternative asset/manager The Carlyle Group and DuPont have announced that they have signed a definitive agreement whereby Carlyle will purchase DuPont Performance Coatings (DPC) for US$4.9b in cash. The transaction is expected to close in the first quarter 2013, subject to customary closing conditions and regulatory approvals. DPC is a global supplier of vehicle and industrial coating systems with 2012 expected sales of more than US$4b and more than 11,000 employees. The investment will be funded with equity from Carlyle Partners V and Carlyle Europe Partners III.