Carlyle considering Axalta IPO


Carlyle Group (NASDAQ:CG) is considering an IPO for Axalta Coating Systems, only a year and a half after it purchased the company from Dupont for $4.9B.

The private-equity group has already given lead roles to Citigroup and Goldman Sachs for the potential IPO which could raise as much as $1B.

Axalta makes liquid and powder coatings for the automotive and transportation industries.

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