Carlyle group

TPG and Carlyle in talks for Reliance tower stake

Sources have confirmed that the two private equity giants Carlyle Group and TPG Capital have been discussing the matter of buying stake in the cell phone towers unit of the Reliance Communication Limited.

Reliance Communications which stands at the second place in the cell phone operators industry in India also has received interest of Blackstone Group LP and Apax Partners LLP in the company.

Carlyle Group likely to take Booz Allen Hamilton public

Carlyle Group likely to take Booz Allen Hamilton public

Booz Allen Hamilton was purchased by the Carlyle Group two years back and experts had predicted the company going public in the near future. The Carlyle group is a private firm which has been giving its investors good returns by buying and selling property but the since Booz Allen Hamilton is a government owned company its sale has been prohibited to prevent a conflict of interest with the government. Booz Allen Hamilton is a company which gives the government on software and hardware purchases.