Seeking Alpha

Carlyle Group (CG +0.3%) appears to be gunning for U.K. military equipment maker Chemring Group...

Carlyle Group (CG +0.3%) appears to be gunning for U.K. military equipment maker Chemring Group PLC (CMCMY.PK). The company confirmed the private equity group's interest after its U.K.-listed shares jumped nearly 32% on takeover speculation. LBO firms have already been actively moving into the sector: Gardner-Airia Holdings SAS recently bought French aerospace components maker Airia SAS, while LDC, the buyout arm of Lloyds Banking Group (LYG) owns MB Aerospace.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector