Carlyle raises $425m after divesting Haier stake

The US private equity firm divested its entire stake in the Chinese home appliance company. It first invested in the company in 2011.

Carlyle raises $425m after divesting Haier stake

US private equity firm Carlyle offloaded its entire stake in Haier Electronics Group, cashing in on a near four-year investment in the Chinese home appliances company.

Since the US private equity firm made the investment in August 2011, Haier shares have gained more than 160%. 

Carlyle took advantage of a 26% 11-day jump in Haier’s shares to launch the block, as investors continued to flood the Hong Kong market following the...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...