NasdaqGS:CGCapital Markets
Carlyle Broadens Fee Based Earnings With Chung Ho And MAI Acquisitions
Carlyle Group (NasdaqGS:CG) has agreed to acquire up to 100% of South Korea's Chung Ho Group in a deal valued at about $700 million, with completion targeted for Q3 2026, subject to regulatory approval.
The firm has also closed the acquisition of a majority stake in MAI Capital Management, which will keep its operational independence.
Carlyle plans to support MAI with further technology investment and potential add on deals in wealth management.
Carlyle Group, trading at around $44.55, has...