Carlyle and Warburg Pincus to buy credit rating agency DBRS: Reuters
Carlyle Group LP and Warburg Pincus LLC said they would buy Canada's DBRS Ltd, the world's fourth-largest credit rating agency, in partnership with a consortium of Canadian investors including the firm's founder, Reuters reported. Reuters earlier estimated the deal's value at more than US$500 million. DBRS founder and controlling shareholder Walter Schroeder will remain an important investor, the companies said in a statement.
22 December 2014•2 mins read
