Carlyle Cited as Frontrunner in DuPont Automotive Coatings Bidding

Private equity firm Carlyle Group (New York) is the leading bidder in the auction for DuPont’s automotive coatings business, market sources say. The business could be sold for upwards of $4.5 billion, according to a Reuters report. Apollo Management (New York) has also shown interest in the business, but is unwilling to match Carlyle’s price, it adds. Auto: Private equity firms lead bids. Carlyle is no stranger to chemicals and fuels investments. Last month, Carlyle announced a joint venture with...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers