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Monday, October 15, 2012

PRIVATE EQUITY DEALS


The Carlyle Group has received an addition month to put together a formal bid for British military ammunitions and defense company Chemring Group PLC (LSE: CHG), from UK's takeover panel. Following Carlyle's preliminary approach in August, Chemring's stock climbed to just over £800 million, but it has since fallen back to around £650 million. www.carlyle.com 

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