Sehar Time Ramadan 15
Lahore
LHR
04:49 AM
Karachi
KHI
05:23 AM
Islamabad
ISB
04:53 AM
Peshawar
PWR
04:59 AM
Quetta
QTA
05:20 AM
Ramadan Pedia

Carlyle sells $213 million in shares of Brazil's Rede D'Or

Carlyle sells $213 million in shares of Brazil's Rede D'Or

Business

Carlyle sells $213 million in shares of Brazil's Rede D'Or

Follow on
Follow us on Google News
 

 SAO PAULO (Reuters) - Private equity firm Carlyle is selling a 1.6% stake in Brazilian hospital chain Rede D'Or (RDOR3.SA), opens new tab in a block trade worth about 1.1 billion reais ($213.29 million), local outlets Brazil Journal and Valor Economico reported on Wednesday.

The sale represents half of what Carlyle owns in the firm and would leave it with a 1.6% stake in the company, according to the reports.