Carlyle (CG +0.2%) and TPG are weighing separate $3.5B - $4B bids for United Technology's (UTX...

|About: The Carlyle Group (CG)|By:, SA News Editor

Carlyle (CG +0.2%) and TPG are weighing separate $3.5B - $4B bids for United Technology's (UTX +0.6%) pump and compressor units. UTX is selling the pump and compressor businesses of its Hamilton Sundstrand unit to avoid issuing new shares to fund its $16.5B purchase of Goodrich (GR -0.1%). FlowServe (FLS +0.2%) and Dover Corp. (DOV -0.8%) are also said to be mulling over potential bids as well.