Auto: Private equity firms lead bids. Carlyle is no stranger to chemicals and fuels investments. Last month, Carlyle announced a joint venture with" />
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Chemical Week Magazine :: Newsbriefs

Carlyle Cited as Frontrunner in DuPont Automotive Coatings Bidding

7:59 AM MDT | August 17, 2012

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...

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