Carlyle Group

Carlyle Group Inc. and Singapore sovereign-wealth fund GIC Pte. are using fake excuses to renege on buying a 20% stake in American Express Global Business Travel, according to an unsealed lawsuit.

AMSTERDAM (Mar 27): Akzo Nobel has agreed to sell its specialty chemicals business to US private equity firm Carlyle Group and Singapore's GIC for 10.1 billion euros ($16.5 billion), including debt.

NEW YORK (March 29): The two buyout firms that own Pharmaceutical Product Development (PPD) are in advanced talks to sell minority stakes in the US clinical trials firm to investors that include Singapore's sovereign wealth fund GIC and Abu Dhabi Inve