The Carlyle Group to Buy DuPont Performance Coatings Business for $4.9 Billion
Global alternative asset manager The Carlyle Group (NASDAQ: CG) and DuPont (NYSE: DD) today announced that they have signed a definitive agreement whereby Carlyle will purchase DuPont Performance Coatings (DPC) for $4.9 billion in cash. The transaction is expected to close in the first quarter 2013, subject to customary closing conditions and regulatory approvals.