Carlyle Group (CG) and Australia's Seven Group Holdings are considering an IPO of equipment...

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

Carlyle Group (CG) and Australia's Seven Group Holdings are considering an IPO of equipment rental firm Coates Hire, according to sources, a move that could raise up to $722M. The sale is not likely before 2013, but it would be the largest PE-backed IPO in Australia in 3 years.