Carlyle Invests in Addison Lee

The Carlyle Group has made a "significant" investment in Addison Lee. Financial terms weren't announced. Addison Lee is a U.K. taxi company. The investment comes from Carlyle Europe Partners III L.P., a 5.4 billion Euro (US$7 billion) fund that makes mid and large cap investments. Reuters says the investment was in the region of 300 million pounds ($458.8 million).

19 April 2013•2 mins read
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