The Carlyle Group Inc. Announces Strategic Acquisitions and Financial Updates
The Carlyle Group Inc. has made two significant announcements in recent days. The company has agreed to acquire a majority stake in Adastra Group SE, a global IT consultancy and services provider, for an undisclosed sum.
- The acquisition is expected to support Adastra’s growth in its leading data, cloud, and AI offerings.
- The terms of the acquisition, including the purchase price, have not been disclosed.
Carlyle Credit Income Fund Schedules Financial Results and Investor Conference Call
Carlyle Credit Income Fund has scheduled its third-quarter financial results and investor conference call for August 19 and 20, respectively.
- Date: August 19 (financial results)
- Date: August 20 (investor conference call)
Market Performance
The company’s stock price has been relatively stable, with a slight increase in recent days. The company’s market capitalization remains substantial, and its price-to-earnings ratio is within a reasonable range.
- Market capitalization: substantial
- Price-to-earnings ratio: within a reasonable range