Saturday 14 March 2015

Carlyle Partner Said to Be in Talks to Buyout Domino’s Stake - Bloomberg Business

Carlyle Partner Said to Be in Talks to Buyout Domino’s Stake - Bloomberg Business:



"Carlyle Group LP is in discussions to sell its stake in the Middle East operator of Domino’s Pizza restaurants to a consortium led by one of its senior executives, people with knowledge of the matter said.



Talks with Firas Nasir, a partner at the private-equity firm and co-head of its Middle East and North Africa buyout team, are preliminary and an agreement is yet to be reached, the people said, asking not to be identified as the information is private.



Carlyle’s interest in divesting the 42 percent stake in Alamar Foods follows the Washington-based firm’s decision last year not to raise a second fund targeting investments in the Middle East, the people said."



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