Carlyle Group (CG) and BC Partners are in joint talks to buy United Tech's (UTX) industrial...

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

Carlyle Group (CG) and BC Partners are in joint talks to buy United Tech's (UTX) industrial businesses, according to sources. The talks, already in an advanced stage, could culminate in a deal worth more than $3.5B. There's an outside chance United Tech could turn to other suitors like TPG Capital.