Thursday, July 17, 2008

Carlyle Group grabs 50 per cent of Turkish shipyard | Alternative Investments | CPI Financial

"Carlyle Group grabs 50 per cent of Turkish shipyard

First investment by Carlyle in Turkey, financial terms not disclosed.

Carlyle, Carlyle Group, Turkey, ships, shipyard,

The Carlyle Group said it has acquired a 50 per cent stake in TVK Shipyard (TVK), a Turkish shipbuilder specializing in chemical tankers and other specialty vessels. This is Carlyle’s first investment in Turkey."

More:Carlyle Group grabs 50 per cent of Turkish shipyard | Alternative Investments | CPI Financial