Carlyle Group has joined the bidding for Old Mutual Global Investors fund business, according to the Financial Times. Four parties are now vying for the Old Mutual fund unit including Challenger, Macquarie Investment Management, TA Associates and Carlyle, the story said. Goldman Sachs is advising on the sale, the FT said.
Source: https://www.pehub.com/2017/10/carlyle-bidding-for-old-mutual-global-investors-fund-business/
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